RON97 petrol price remains stable for week two of May 2024 (RM3.47 per Litre)
Malaysian drivers filling up with RON97 this week can breathe a sigh of relief, as the Ministry of Finance announced no change in the price for the second week of May 2024. This means motorists will continue to pay RM3.47 per litre for premium fuel.
The announcement, made on Wednesday, follows the same trend as the first week of May, where RON97 prices remained steady. This consistency provides some welcome stability for drivers facing fluctuating global fuel costs.
The price update applies not only to RON97 but also to other fuel categories. RON95 remains capped at RM2.05 per litre, a price set by the government in February 2021. Diesel prices see no change either, with Euro 5 B10 and B20 blends staying at RM2.15 per litre, while Euro 5 B7 stays at RM2.35 per litre.
The Ministry of Finance typically announces fuel price updates every Wednesday, with the new prices taking effect the following Thursday at midnight. This weekly update system allows the government to adjust prices based on global oil market fluctuations.
Motorists can conveniently find the latest fuel prices by using the Motorist App. This app provides real-time fuel price updates across different petrol stations in Malaysia, allowing you to find the best deals near you.
While RON97 prices haven't changed for two consecutive weeks, it's important to note that global oil prices are constantly fluctuating. The Ministry of Finance will continue to monitor these fluctuations and may adjust prices in the coming weeks if necessary.
By using the Motorist App and staying informed about fuel price updates, you can plan your trips and budget effectively, ensuring you get the most out of every litre.
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Download the Motorist App now. Designed by drivers for drivers, this all-in-one app lets you receive the latest traffic updates, gives you access to live traffic cameras, and helps you manage vehicle related matters.
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