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Latest fuel price: Diesel up by 7 sen while Petrol is up by 2 sen per litre

Malaysians will have to pay more for fuel in the coming week as prices are up again across the board. The price for petrol is up by 2 sen per litre while Diesel gets a more significant hike of 7 sen per litre.

Below are the fuel prices for the period between 21st to 27th November 2020:

RON95 – RM1.64/litre (+2 sen)
RON97 – RM1.94/litre (+2 sen)
Diesel – RM1.81/litre (+7 sen)
Diesel (Euro 5) – RM1.91/litre (+7 sen)

The price of fuel in Malaysia is calculated based on the Automatic Pricing Mechanism (APM). According to the Ministry of Finance, the adjustments in fuel prices reflect the changes in the pricing of refined oil products in line with the current global crude oil prices.

[ SOURCE ]

Alexander Wong