Welcome to the most recent weekly gasoline worth replace, which comes each Friday.
The ministry of finance has introduced that for the week of February 20 till February 26, the value of Euro 4M RON 95 petrol will rise by 4 sen to RM2.00 per litre, from RM1.96 per litre final week. The Euro 4M RON 97 grade of petrol goes up by the identical 4 sen margin to RM2.30 per litre (RM2.26 per litre final week).
Diesel fuels stay unchanged in worth from final week, with Euro 2M diesel sustaining place at RM2.15 per litre. Euro 5 diesel, at RM2.25 per litre, subsequently stays put on the similar 10 sen margin above the Euro 2M grade.
These costs take impact from midnight tonight till the following set of gasoline worth revisions that may arrive on Friday, February 26. That is the eighth version of the weekly gasoline pricing format this 12 months, and the 111th in whole since its introduction originally of 2019.
Final week, the federal government introduced that it has revised the ceiling worth for RON 95 petrol, which can go no greater than RM2.05 per litre, and Euro 2M diesel, which will probably be capped at RM2.15 per litre, ought to market costs transcend these limits, and the federal government will cowl the distinction by way of subsidies. This week’s worth hikes, for petrol a minimum of, brings us this bit nearer to the edge.
