Local News, Malaysian Fuel Prices

February 2020 week three fuel price – petrol, diesel up


It’s Friday, so time again for the weekly fuel price update, and the coming week will see the price of all fuels going up. In the case of RON 95 petrol, went down four sen last week from its capped ceiling price of RM2.08 per litre, it has gone back up by two sen. The Euro 4M-grade fuel will be priced at RM2.06 per litre over the coming February 15 to 21 week. The same goes for RON 97, which goes up by two sen to RM2.36 per litre.

As for Euro 2M diesel, it will be six sen higher than last week, at RM2.14, which is still below its RM2.18 per litre ceiling price. This means that Euro 5 diesel – typically 10 sen more – follows suit and goes up by six sen to RM2.24 per litre.

The finance ministry said that should global crude oil prices rise, the government will continue to maintain the ceiling price of both RON 95 petrol and diesel at RM2.08 per litre and RM2.18 per litre respectively.

These prices remain effective until February 21, when the next fuel price update is announced. This is the seventh edition of the current weekly fuel pricing format for the year and the 58th edition in total for the format, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

February 2020 week two fuel price – RON 95 down by four sen, RON 97 down seven sen, diesel down 10 sen


It’s the usual round of the weekly fuel price update, but there’s good news, and not just for users of RON 97 petrol, because the price of RON 95 and diesel has also dropped for the coming week.

The price of RON 95 petrol, which has been locked at its capped price of RM2.08 per litre for a good while, has gone down by four sen – the now Euro 4M-grade fuel will be priced at RM2.04 per litre over the coming February 8 to 14 week.

The same goes for Euro 2M diesel – it will be 10 sen cheaper at RM2.08 (previously, at a fixed RM2.18 per litre). As such, Euro 5 diesel – typically 10 sen more – follows suit and goes down 10 sen to RM2.18 per litre (previously, RM2.28 per litre).

Finally, RON 97, which goes down by seven sen to RM2.34 per litre from the RM2.41 last week. The finance ministry said that the cheaper fuel has come about as a result of a reduction in global oil prices. It added that should global crude oil prices rise, the government will continue to maintain the ceiling price of both RON 95 petrol and diesel at RM2.08 per litre and RM2.18 per litre respectively.

These prices remain effective until February 14, when the next fuel price update is announced. This is the sixth edition of the current weekly fuel pricing format for the year and the 57th edition in total for the format, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

February 2020 week 1 fuel price – RON 97 down 8 sen


Another Friday, and another round of the weekly fuel price update. More good news for RON 97 petrol users, because the price of the fuel has dropped again. It will be priced at RM2.41 per litre for the coming week (February 1 to 7), down eight sen from last week.

With the petrol subsidy programme (PSP) still on hold, no change to Euro 4 RON 95 petrol pricing, which continues on at the fixed ceiling price of RM2.08 per litre. The same goes for Euro 2M diesel, which stays at RM2.18 per litre, while Euro 5 diesel – typically 10 sen more – remains at RM2.28 per litre.

According to the finance ministry, calculations from the Automatic Price Mechanism (APM) show that RON 95 petrol would be priced at RM2.11 per litre and Euro 2M diesel at RM2.18 per litre if there were no price caps in place. It added that for the period of February 1 to 7, the government will absorb a total of RM10.43 million to subsidise these fuels.

These prices remain effective until February 7, when the next fuel price update is announced. This is the fifth edition of the current weekly fuel pricing format for the year and the 56th edition in total for the format, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

January 2020 week 4 fuel price – RON 97 down 4 sen


It’s Friday, and as such, time once again for another weekly fuel price update. Good news for RON 97 petrol users, because the fuel is cheaper this coming CNY week (January 25 to 31) at RM2.49 per litre, four sen less than last week.

With the petrol subsidy programme (PSP) remaining on hold, no change to RON 95 petrol pricing, which continues on at the fixed ceiling price of RM2.08 per litre. The same goes for Euro 2M diesel, which stays at RM2.18 per litre, while Euro 5 diesel – typically 10 sen more – remains at RM2.28 per litre.

According to the finance ministry, calculations from the Automatic Price Mechanism (APM) show that RON 95 petrol would be priced at RM2.19 per litre and Euro 2M diesel at RM2.26 per litre if there were no price caps in place. It added that for the period of January 25 to 31, the government will absorb a total of RM49.30 million to subsidise these fuels.

These prices remain effective until January 31, when the next fuel price update is announced. This is the fourth edition of the current weekly fuel pricing format for the year and the 55th edition in total for the format, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

January 2020 week 3 fuel price – RON 97 down 9 sen


Time once again for another weekly fuel price update, and for the coming week, RON 97 petrol will be priced at RM2.53 per litre, which is nine sen less than RM2.62 per litre of last week.

As the petrol subsidy programme (PSP) has been postponed, RON 95 petrol will continue to be set at the fixed ceiling price of RM2.08 per litre. The same goes for Euro 2M diesel, which stays at RM2.18 per litre, while Euro 5 diesel – typically 10 sen more – remains at RM2.28 per litre.

According to the finance ministry, calculations from the Automatic Price Mechanism (APM) show that RON 95 petrol would be priced at RM2.23 per litre and Euro 2M diesel at RM2.33 per litre if there were no price caps in place. It added that for the period of January 18 to 24, the government will absorb a total of RM74.70 million to subsidise these fuels.

These prices remain effective until January 24, when then the next update for fuel prices is made. This is the third edition of the current weekly fuel pricing format for the year and the 54th edition in total since its introduction, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

January 2020 week two fuel price – RON 97 down 3 sen


It’s Friday, which means it’s time for the next round of price updates for RON 97 petrol. The coming week sees the price of the premium grade come down by three sen for the period of January 11 until 17, from RM2.65 per litre of last week to RM2.62 per litre.

As the petrol subsidy programme has been postponed from its implementation initially set for this month, RON 95 petrol continues to be priced at the fixed ceiling of RM2.08 per litre, and the same goes for Euro 2M diesel which stays at RM2.18 per litre. Similarly, Euro 5 diesel, which costs 10 sen more, remains capped at RM2.28 per litre.

According to the finance ministry, calculations from the Automatic Price Mechanism (APM) show that RON 95 petrol and diesel fuels would be priced at RM2.35 per litre and RM2.46 per litre, respectively if there were no price caps in place. The amount subsidised by the government for the period of January 11 until 17 totals RM122.85 million for the fuels, the statement added.

These prices remain effective until January 17, when then the next update for fuel prices is made. This is the second edition of the current weekly fuel pricing format for the year and the 53rd edition in total since its introduction, with runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

January 2020 week one fuel price – RON 97 up two sen


Well, it’s Friday, and guess what? Another weekly price announcement for RON 97 petrol. Yes, it was all supposed to conclude at the end of 2019, with things switching to the targeted petrol subsidy programme (PSP) this month.

That’s not happening, the government having announced on December 30 that the implementation of the PSP has been postponed to a later, unspecified date, and so this means that the existing structure continues until further notice.

Users of RON 97 will have to pay more for the fuel in the coming week, with the fuel being priced at RM2.65 for the January 4 to January 10 period, which is two sen more than last week.

As usual, no change to RON 95 petrol, which continues to stay at its fixed price ceiling of RM2.08 per litre. It’s the same for diesel – the price of Euro 2M diesel remains at RM2.18 per litre, and Euro 5 diesel, which costs 10 sen more, stays capped at RM2.28 per litre.

According to the finance ministry, Automatic Price Mechanism (APM) calculations show that RON 95 and diesel fuels would be priced at RM2.35 and RM2.43 per litre respectively if there were no price cap in place. It added that for the period of December 21 to 27, the government will absorb a total of RM128.24 million to subsidise these fuels.

These prices will remain effective until January 10, when the next fuel price update is made. This is the first edition of the existing weekly fuel pricing format for the year, and the 52nd outing in total for the format, which runs from Saturday until the following Friday.

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Local News, Malaysian Fuel Prices

Euro 4M RON 95 now available at all Petron stations


Petron has announced that Euro 4M RON 95 petrol is now available at all its stations, the company revealing this through a social media post on December 26. It joins Petronas in offering the fuel on a nationwide basis ahead of its gazetted introduction on January 1, 2020.

Shell also announced the availability of its FuelSave 95 Euro 4M at selected stations early last week, and presumably these have expanded significantly given that the official introduction of the fuel is just less than two days away.

The Malaysian-modified Euro 4 fuel specification will see the reduction of the maximum allowable suphur content in RON 95 petrol from the current standard of 500 parts per million (ppm) to 50 ppm, translating to lower vehicle emissions.

January will also see the current price cap for RON 95, which has been fixed at RM2.08 since the end of February, being removed as part of introduction to a targeted petrol subsidy programme (PSP) for RON 95 petrol. The introduction of the PSP means that those not eligible will be paying more for RON 95 petrol.

The government has previously said that the jump from the current subsidised rate to the market price will be gradual, with talk of increasing the price by one sen per week until it reaches market price, which as stated above is RM2.33 this week.

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Local News, Malaysian Fuel Prices

December 2019 week 4 fuel price – RON 97 up 5 sen


One last Friday before 2019 comes to a close, and so it’s time for the weekly price announcement for RON 97 petrol. The fuel will be priced at RM2.63 per litre for the coming week (December 28 to January 3, 2020), which is five sen up from the RM2.58 last week.

No change to RON 95 petrol, which continues to stay at its fixed price ceiling of RM2.08 per litre. It’s the same for diesel – the price of Euro 2M diesel remains at RM2.18 per litre, and Euro 5 diesel, which costs 10 sen more, stays fixed at RM2.28 per litre.

According to the finance ministry, Automatic Price Mechanism (APM) calculations show that RON 95 and diesel fuels would be priced at RM2.33 and RM2.39 per litre respectively if there were no price cap in place. It added that for the period of December 21 to 27, the government will absorb a total of RM117.06 million to subsidise these fuels.

These prices will remain effective until January 3, 2020. This is the 51st and effectively the final edition of the existing weekly fuel pricing format announced every Friday this year, and which ran from Saturday until the following Friday. This pricing mechanism and existing subsidy system will come to an end when the government begins its targeted petrol subsidy programme (PSP) for RON 95 petrol in January next year.

The introduction of the PSP means that those not eligible will be paying more for RON 95 petrol. The government has previously said that the jump from the current subsidised rate to the market price will be gradual, with talk of increasing the price by one sen per week until it reaches market price, which as stated above is RM2.33 this week.

Also, January 1, 2020 will see the official roll-out of Euro 4M RON 95 in the country. The cleaner fuel, which replaces the Euro 2M specification, is already available at all Petronas stations, and Shell has also announced its availability at selected stations ahead of the fuel’s gazetted introduction.

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Local News, Malaysian Fuel Prices

December 2019 week 1 fuel price – RON 97 down 2 sen


Time for another weekly fuel price announcement, and for the coming week (December 7 to 13), RON 97 petrol will be cheaper at RM2.64 per litre, which is two sen less than last week.

As usual, RON 95 petrol continues to stay at its fixed price ceiling of RM2.08 per litre. It’s the same for diesel – the price of Euro 2M diesel remains at RM2.18 per litre, while Euro 5 diesel, which costs 10 sen more, stays fixed at RM2.28 per litre.

According to the finance ministry, Automatic Price Mechanism (APM) calculations show that RON 95 and diesel fuels would be priced at RM2.34 and RM2.30 per litre respectively if there were no price cap in place. It added that for the period of December 7 to 13, the government will absorb a total of RM107.40 million to subsidise these fuels.

These prices will remain effective until the next fuel price adjustment is announced on December 13. This is the 48th edition of the weekly fuel pricing format which is announced every Friday and runs from Saturday until the following Friday. This pricing and subsidy system will come to and end when the government begins its targeted petrol subsidy programme (PSP) for RON 95 petrol early next year.

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