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No More Monthly Fuel Price Announcements

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KUALA LUMPUR: There will be no more announcements of monthly petrol and diesel prices from now on, said Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Hasan Malek.

“We have decided to stop the practice of announcing the prices on the last day of the month.

“From now, motorists will only know if the prices at midnight,” he told reporters after attending an Umno Youth GST Open Day briefing here on Tuesday.

Last month, the announcement of the fuel prices was made through the Domestic Trade, Cooperative and Consumerism Ministry website.

In June, motorists were informed that RON95 petrol and diesel would be priced at RM2.05 a litre, while RON97 fuel was RM2.35 per litre, inclusive of the Goods and Service Tax.

The Ministry decided to set the prices of petrol and diesel on a managed float from Dec 1 last year.

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