Highlights

save malaysia!!!

Author: savemalaysia   |   Latest post: Mon, 20 Jan 2020, 6:18 PM

 

RON97 down two cents, RON95 and diesel prices unchanged

Author:   |    Publish date:


KUALA LUMPUR, Dec 6 ― The pump price of RON97 petrol will go down two sen from RM2.66 to RM2.64 for a week beginning midnight tonight, said the Ministry of Finance.

A statement released by the ministry today added that pump prices RON95 fuel and diesel would be maintained at RM 2.08 and RM2.18 per litre respectively over the same period ending on Dec 13.

The prices were determined by using the Automatic Pricing Mechanism (APM) formula.

The statement explained that based on the APM formula, RON95 and diesel would actually be priced at RM2.34 and RM2.30 per litre, a drop from last week’s global price of RM2.36 and RM2.29 per litre respectively.

“By maintaining the pump price for these two products, the estimated subsidy borne by the government for the period between Dec 7 and 13 is a total of RM107.4 million,” read the statement.

 

https://www.malaymail.com/news/malaysia/2019/12/06/ron97-down-two-cents-ron95-and-diesel-prices-unchanged/1816784

Share this

  Be the first to like this.
 


 

385  328  521  733 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VC 0.10-0.005 
 XDL 0.16+0.02 
 ALAM 0.17+0.005 
 PERDANA 0.515+0.02 
 HSI-H8K 0.11+0.02 
 HSI-C7J 0.12-0.025 
 ALAM-WA 0.075+0.01 
 ARMADA 0.475-0.015 
 ASB 0.155+0.015 
 XDL-WD 0.020.00 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS

TOP ARTICLES

1. NOTION – A 2020 Gem Stock that fulfils Mr. Fong’s RUG Criteria Another Perspective
2. COMPARISON OF MAJOR PLANTATIONS COUNTERS IN MALAYSIA - louisesinvesting Good Articles to Share
3. 15 Simple Ways to Improve Brain Performance - Koon Yew Yin Koon Yew Yin's Blog
4. SSLEE made report to SC on Lay Hong, but unlicensed Tyyap keep promoting Lay Hong? Is unlicensed Tyyap out to con investors? Herbert
5. WHY AND WHEN TO USE PBV RATIO FOR O&G STOCKS? AND TAS STILL UNDERVALUED!!! Trend Trading 2030
6. Only 2 ways to make MONEY in STOCKS forever |PureBULL.Strategy| KLSE MARKET STRATEGY & GUIDANCE
7. Top 5 Glove In Malaysia (Harta, Topglove, Kossan, Supermx, Comfort) WahLau Share Forecast
8. 5G FUTURISTIC HOLOGRAM CONCERT BY VIRTUAL LUO TIANYI, Calvin Tan THE INVESTMENT APPROACH OF CALVIN TAN
Partners & Brokers