Monday, December 17, 2018
Oil price lowered in December.
For the month of December 2018, the ministry of domestic trade and consumer affairs (KPDNHEP) has lowered the price of RON 97 petrol to RM2.50 per litre. This represents a massive 31 sen decrease from last month, whereby the fuel retailed at RM2.81 per litre.
The new price will come into effect from midnight tonight and remain in place until December 31, which is when the next monthly RON 97 fuel price announcement will be made.
Meanwhile, the price for RON 95 and diesel remain unchanged as they have been since May 30 – RON 95 continues to be priced at RM2.20 per litre and Euro 2M diesel at RM2.18 per litre, while Euro 5 diesel is priced at RM2.28 per litre at the pump. These prices will remain fixed indefinitely.
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