How long will current fuel prices be maintained?

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Current Fuel Prices to Remain Unchanged Until February 14

The retail prices for RON97, RON95, and diesel will be maintained at their current levels from February 8 until February 14. This decision aligns with the Automatic Pricing Mechanism (APM), which sets fuel prices based on weekly market fluctuations.
Fixed Retail Prices Announced

For the period of February 8 to February 14, the retail price for RON97 will remain at RM3.47 per litre. Similarly, the prices for RON95 petrol and diesel will be held at RM2.05 and RM2.15 per litre, respectively. These prices represent a continuation of the existing rates for the specified week.
Government Maintains Ceiling Prices

The government has affirmed its commitment to maintaining the ceiling prices for RON95 petrol at RM2.05 per litre and for diesel at RM2.15 per litre. This policy is in effect even as the actual market prices for these fuel types have surpassed their established ceiling rates. This measure aims to shield consumers from the impact of rising global oil prices.
Monitoring Global Oil Trends

The Ministry of Finance indicated that the government will continue to closely monitor global crude oil price trends. This ongoing observation is part of a strategy to implement necessary measures that safeguard the welfare and well-being of the populace. The APM framework allows for adjustments based on these global market dynamics.

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How long will current fuel prices be maintained?

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