RON97 down 20 sen, unsubsidised RON95 down 15 sen
Unsubsidised diesel will also cost 10 sen cheaper, with these prices in effect until Aug 19.
The prices of RON97 petrol, unsubsidised RON95, and diesel will all decrease from tomorrow, according to the finance ministry's announcement. RON97 will be priced at RM4.15 per litre, a 20 sen reduction from the current RM4.35. Unsubsidised RON95 will be sold at RM3.62 per litre, a 15 sen decrease from RM3.77. Unsubsidised diesel will retail at RM4.47 per litre, a 10 sen drop from RM4.57.
The BUDI95 scheme will keep RON95 at RM1.99 per litre, while diesel will remain at RM2.10 per litre under the BUDI Diesel initiative. Subsidised petrol under the SKPS system will stay at RM2.05 per litre, and subsidised diesel under SKDS will be sold at RM2.15 per litre. These revised prices will be enforced until August 19. The finance ministry attributes the price changes to recent movements in the global oil market, noting that crude oil prices surged nearly 5% on Monday due to concerns over a delayed reopening of the Strait of Hormuz.
The ministry warns of significant volatility in petroleum product prices in the near future and urges the public to use fuel prudently, plan journeys efficiently, and reduce unnecessary travel to conserve the nation's fuel supply and lessen the strain on subsidy expenditure.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- RON97 down 20 sen, unsubsidised RON95 down 15 sen freemalaysiatoday.com
