Categories: CarsNewsTransport

Latest fuel price: RON95 petrol hits maximum price cap of RM2.05/litre, RON97 at RM2.35/litre

Malaysians will have to pay more for petrol for the coming week as both RON95 and RON97 fuel are up by 5 sen per litre. The new price for RON95 has hit the maximum price cap of RM2.05/litre and this is the highest since the start of the MCO in March 2020.

Below are the fuel prices for the period between 27 February to 3 March 2021:

RON95 – RM2.05/litre (+5 sen)
RON97 – RM2.35/litre (+5 sen)
Diesel – RM2.15/litre (unchanged)
Diesel (Euro 5) – RM2.25/litre (unchanged)

The price of fuel in Malaysia is calculated based on the Automatic Pricing Mechanism (APM). According to the Ministry of Finance, the adjustments in fuel prices reflect the changes in the pricing of refined oil products in line with the current global crude oil prices.

The maximum price of RM2.05/litre for RON95 petrol and RM2.15/litre for diesel was introduced earlier this month by Finance Minister Tengku Zafrul Abdul Aziz. This was lower than the previous set ceiling price of RM2.08/litre for RON95 and RM2.18/litre for diesel.

[ SOURCE ]

Related reading

Recent Posts

Gentari: Beware of 3rd party EV charging promotions

Gentari has released a statement to address the recent discounted Gentari Go EV charging service…

5 hours ago

Xiaomi TV Stick 4K Second Gen: Google TV on a stick, priced at RM219

Want to convert almost any TV with an HDMI port into a Google TV? Xiaomi…

1 day ago

Sony WF-1000XM6: 25% better noise cancelling and improved Bluetooth connectivity, pre-order now for RM1,249

Sony has introduced the Sony WF-1000XM6 in Malaysia, its latest flagship truly wireless earbuds under…

1 day ago

GWM Wey G9 PHEV: The latest Alphard fighter in Malaysia, locally assembled in Melaka

More than a year after it was first previewed at the KL International Mobility Show…

1 day ago

Google Pixel 10a coming to Malaysia on 5 March: Priced from RM2,299

Google has officially announced its latest smartphone, the Pixel 10a. The new model joined other…

1 day ago

Gentari turns on 200kW DC Charger at Petronas Penchala Link (Damansara Bound)

Ahead of the Chinese New Year holiday, Gentari has upgraded its existing EV charging station…

4 days ago

This website uses cookies.