Fuel Price Updates (Jan 18th – 24th): RON97 down 9sen

Beginning Jan 18 until Jan 24, the price of RON97 petrol will go down nine sen per litre, from RM2.62 per litre, and would be priced at RM2.53 per litre.

Meanwhile, RON95 petrol and Euro 2M diesel price will continue to stay at the fixed ceiling price of RM2.08 and RM2.18 per litre respectively.

According to the Automatic Pricing Mechanism (APM) calculation, the retail prices for both RON95 and diesel should be RM2.23 and RM2.46 per litre respectively. Thus, the estimated subsidy to be borne by the government between Jan 18 and Jan 24 would be about RM74.7 mil.

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