It’s the end of the working week, which means a new fuel price for the week ahead. After last week’s big drop, there’s more good news for RON 97 users.
From tomorrow, June 22, 2019, RON 97 will retail at RM2.38 per litre (down three sen from the RM2.41 announced last week). There is of course no change to the price of RON 95 petrol, which stands at RM2.08 per litre, the maximum price consumers pay no matter how high market prices push pump prices.
It’s the same for Euro 2M diesel as well, which continues to be sold at RM2.18 per litre, and Euro 5 diesel – always 10 sen more than Euro 2M diesel – remains priced at RM2.28 per litre.
Based on Automatic Price Mechanism (APM) calculations, RON 95 petrol would cost RM2.08 per litre, which is the price cap limit – this means that the government will not be subsidising RON 95 petrol for the coming week. Diesel would be priced at RM2.19 per litre without the price cap in place, which means one sen of subsidy.
These prices will remain in effect until June 28, when the next set of fuel pricing adjustments will be announced. This is the 24th edition of the weekly fuel pricing format, which is announced every Friday. The weekly prices are in effect from Saturday until the following Friday.
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