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Weekly fuel prices: RON97 petrol up two sen, RON95 and diesel unchanged
NATION
Friday, 29 Mar 20195:48 PM MYT
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PETALING JAYA: The fuel price of RON97 petrol will increase by two sen per litre, while RON95 petrol and diesel prices remain the same for the week starting Saturday (March 30).
The Finance Ministry said the price of RON97 would increase from RM2.61 per litre to RM2.63 per litre.
RON95 petrol and diesel prices stay the same at RM2.08 per litre and RM2.18 per litre respectively.
The Finance Ministry said the new RON97 petrol prices would take effect from 12.01am on Saturday (March 30) until April 5.
"However, the prices of RON95 and diesel for the period are capped at RM2.08 and RM2.18 per litre respectively, following a Cabinet decision to reduce the people's financial burden," it said in a statement on Friday (March 29).
The weekly fuel pricing mechanism was reintroduced on Jan 5 under the new Automatic Pricing Mechanism (APM).
Under this system, weekly fuel prices are announced every Friday and remains in force for one week.
Read more at https://ift.tt/2YvywWF
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