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Government Will Not Raise Fuel Prices Now

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KUALA LUMPUR – The government will not raise fuel retail prices at present even though global crude oil prices have hit above US$70 per barrel currently, said Prime Minister Tun Dr Mahathir Mohamad. He said this at a press conference after chairing the first Cabinet meeting at Bangunan Perdana Putra, in Putrajaya today. Following this…

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Fuel Prices Remain Unchanged

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KUALA LUMPUR – The retail prices of RON95, RON97 and Diesel will remain the same until next Wednesday, according to the Domestic Trade, Cooperatives and Consumerism Ministry website. The retail prices are RON95 (RM2.20/litre); RON97 (RM2.47/litre) and diesel (RM2.18/litre), The prices are determined according to the weekly pricing mechanism introduced in March last year. –…

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No Change In Fuel Prices

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KUALA LUMPUR – The weekly retail prices for RON95 and RON97 petrol and diesel for the week beginning April 5 remain unchanged. The price of RON95 is RM2.20 per litre, RON97 RM2.47 per litre and diesel RM2.18 per litre. – BERNAMA

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January 2018 Week Four Fuel Prices – All Go Down

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ANOTHER Wednesday, and so it’s time again for another fuel price announcement, and prices for petrol and diesel have all gone down by one sen from that last week. From tomorrow, January 25, the price of RON 95 petrol is RM2.29 per litre (from RM2.30 per litre last week). Similarly, the one sen drop in…

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Bumipeda Calls For Review Of Fuel Sale Commissions

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SHAH ALAM – The Bumiputera Petrol Station Dealers Association (Bumipeda) wants the government to carry out a review of the fuel sale commissions given to petrol station operators as it is no longer relevant with their current costs of operations. Its president, Datuk Abu Samah Bachik, said a commission of RM0.12 sen per litre for…

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Fuel Prices Up Again

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KUALA LUMPUR – The retail price of RON95 will go up by seven sen to RM2.38 /litre while RON97 will cost RM2.66/litre, up six sen, effective 12.01 am tomorrow till midnight Nov 22. The retail price of diesel will also be increased by five sen to RM2.25/litre. The new retail prices of the three fuels…

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After Viral ‘Faulty Pump’ Video, Petronas Says Only Isolated Case

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KUALA LUMPUR — Petronas has denied that a faulty fuel pump dispensed less petrol than paid for as alleged on social media, saying that problem was instead with the rate of dispensing. The oil company said the problematic pump at the Petronas station at the southbound Simpang Pulai rest area at the North-South Expressway has…

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Weekly Fuel Price: It’s Up, Up, Up!

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KUALA LUMPUR – The weekly retail price of fuel for the second week of September will be slightly more expensive across the board. The retail price of RON95 and RON97 petrol is up by four sen to RM2.20 and RM2.48 per litre, respectively. The price of diesel is up by one sen to RM2.05 per…

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Fuel Prices Up By 1 Sen, Diesel By 3 Sen

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PETALING JAYA – Petrol prices will go up by one sen while diesel will increase by three sen for the first week of September. The new price for RON95 will be RM2.16 per litre and RON97 will be priced at RM2.44 from midnight. Diesel will go up by three sen to RM2.04 per litre. The…

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Government Working To Improve Fuel Pricing Mechanism

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KUALA LUMPUR – The Domestic Trade, Co-operatives and Consumerism Ministry is still discussing with the Finance Ministry on improving the current method of setting the prices for petrol and diesel, the Dewan Rakyat was told today. Minister Datuk Seri Hamzah Zainuddin said the discussions were held following feedback from various stakeholders, including oil companies, on June 20, and petrol station operators on July…

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Govt Yet To Decide Whether To Revise Fuel Price Mechanism

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KUALA LUMPUR – The government has yet to decide whether to revise the fuel price mechanism from the weekly to the daily basis, Second Finance Datuk Johari Abdul Ghani said. He said the revision of the formula proposed by Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin required more time and a comprehensive study. “Let’s give the ministry (Trade, Cooperatives and…

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Retail Prices Of Fuels Retained From July 20 To 26

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KUALA LUMPUR – The weekly retail prices for RON 95, RON 97 petrol and diesel are maintained as last week’s prices for July 20 to to 26. The Domestic Trade, Co-operatives and Consumerism (KPDNKK) Ministry, via its website, infographically stated that the retail price for RON 95 remains at RM1.97 a litre, RON 97 at RM2.22 a litre and…

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RON95, RON97 Up 4 Sen

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KUALA LUMPUR –  RON95 and RON97 petrol will cost four sen more, to  RM1.97/litre and RM2.22/litre respectively from tomorrow until July 19. The retail price of diesel will also increase by five sen to RM1.96/litre. The new prices were posted on the Domestic Trade, Cooperatives and Consumerism Ministry website today. Retail prices of the three fuels change weekly from 12.01am…

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RON 95, RON 97 Down 10 Sen, Diesel Down 6 Sen

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KUALA LUMPUR – The retail prices for petrol RON95 and RON97 from tomorrow until May 10 will be down by 10 sen, at RM2.11/ litre and RM2.39 /litre respectively . The price of diesel will be decreased by six sen to RM2.08 /litre. The Domestic Trade, Cooperatives and Consumerism Ministry ‘s posted infographics on the…

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April 2017 Week Three Fuel Pricing – All Up By 8 Sen

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WE’RE heading into the third week of weekly fuel prices, and this time there’s another increase in pricing at the pump – it’s an eight sen increase for both petrol and diesel. As such, starting tomorrow, for the week April 12 to 19, RON 95 will be priced at RM2.24 per litre (up from this…

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People Ready To Face The Inevitable, Weekly Fuel Prices

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KUALA LUMPUR – Effective tomorrow, Malaysians will see fuel prices at the pumps set weekly and no longer monthly like what they have seen since December 2014. Therefore, the price revision, for petrol and diesel, will be made known by midnight each Wednesday and the new price, if there is a change, will become effective…

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Fuel Supply Sent To Bario To Overcome Shortage

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KUCHING – The Sarawak office of the Domestic Trade, Cooperatives and Consumerism Ministry has sent diesel and petrol supply to Bario yesterday to overcome the fuel shortage on the highland. Its director, Datuk Stanley Tan said 10,000 litres of diesel and 3,000 litres of petrol was sent to the area. “The second delivery will be…

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7 Fuel-Saving Tips That Will Stretch Your Ringgit

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When you’re planning a road trip, you plan out the landmarks that you’d like to visit, the food that you have to eat and the route to get there. Wouldn’t it be great though to make your petrol last for as much as it’s worth during your journey without breaking the bank? Here are some…

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More BHPetrol Stations To Offer Infiniti Euro 5 Diesel

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KUALA LUMPUR: Boustead Marketing Sdn Bhd, which markets and distributes BHPetrol fuel and lubricants, has increased its network of stations in northern Peninsular Malaysia offering BHPetrol Infiniti Euro 5 Diesel. Boustead Marketing said BHPetrol was now available at the BHPetrol stations in southbound Tapah rest area, Perak, along the North-South Highway in response to requests…

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Managed Float System For Fuel To Save Government RM11 Billion This Year

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KUALA LUMPUR: The managed float system for the fixing of retail prices of fuel implemented in December last year is expected to save the government RM11 billion this year. Deputy Finance Minister Datuk Johari Abdul Ghani said the rationalisation move had also fulfilled the government’s goal of meeting global economic challenges and channel the saving…

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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…

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Fuel Prices Remain Unchanged For May

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KUALA LUMPUR: The retail prices of RON95 and RON97 petrol as well as diesel for May 2015 will be maintained at the current levels, a Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) spokesperson told Bernama Thursday. The prices will be unchanged for the third consecutive month, with RON95 petrol remaining at RM1.95 per litre,…

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Fuel Prices Remain Unchanged For April, RON97 Not Exempted GST

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KUALA LUMPUR – The retail prices of RON95, RON97 and diesel for April 2015 remain unchanged, according to the Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) yesterday. The price of RON95 is unchanged at RM1.95 per litre, RON97 at RM2.25 per litre and diesel at RM1.95 a litre as in March. These prices are…

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Daim Says Oil Price Rebound In June, Malaysia Can Meet Challenge

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Growing demand from China, India and Africa is expected to lift crude oil price to between US$65 and US$70 per barrel this year with the rebound expected in June. Former Finance Minister Tun Daim Zainuddin (pic) said, however, crude oil price would not return to US$100 per barrel as previously, and US$65 to US$70 would…

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AirAsia Annuls Fuel Surcharge,Aims To Boost ASEAN Travel

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Low-cost carrier AirAsia has abolished the fuel surcharge with effect from Monday as crude oil price fell more than 50% since July 2014. AirAsia said the abolishment of the surcharge was for all its airlines in the group, as well as its low-cost long haul affiliates AirAsia X, Thai AirAsia X and Indonesia AirAsia X,…

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Fuel SUpply In Limbang Fully Recovers Today

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KUCHING – The supply of petrol and diesel in Limbang, in northern Sarawak, has fully returned to normal today after oil tankers from Petronas and Shell began transporting in fuel into the district today. Sarawak Ministry of Domestic Trade, Cooperatives and Consumerism office deputy director Abd Hafiz A Rahim said oil supplier Petronas, which brought…

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Oil Prices Expected To Drop

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KUCHING: Global oil prices are expected to continue to fall until January next year based on their downtrend in the first week of December, said Deputy Finance Minister, Datuk Ahmad Maslan. He said the information obtained showed that the average weekly prices of global oil were falling, and the possibility that fuel such as RON97,…

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Wahid Sets The Record Straight On Diesel Price Hike

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The increase in the price of diesel to RM2.23 per litre despite a plunge in global crude oil prices was due to the fuel subsidy removal, a minister said yesterday. In explaining the three-sen hike, Datuk Seri Abdul Wahid Omar said that the retail price of diesel in November, based on the Automatic Pricing Mechanism…

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RON97 Shortage Not Our Fault, Says Petrol Dealers

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Petrol dealers are fed up of being blamed for the shortage of RON97 and are insisting that it is the oil companies which are at fault. Petrol Dealers Association of Malaysia (PDAM) president Datuk Hashim Othman said the oil companies were not providing them with sufficient supply, stressing that there was no reason for petrol…

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Shortage Of RON97 Fuel In Certain Locations

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A number of petrol stations in the peninsula ran out of RON97 on the first day that subsidies were scrapped. Petrol Dealers Association of Malaysia (PDAM) president Datuk Hashim Othman said at the moment, only one fuel provider was facing a supply shortage of RON97. “I checked up on them and was told that they…

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