Petrol Prices In Malaysia 2017


petrol prices 2017

 

How Petrol Prices are Determined in Malaysia

Historically, the price of petrol in Malaysia was subsided by the government to keep the price artificially low. However, this changed in recent years when the government adopted a managed float system where the price of fuel would be announced monthly. Price adjustments are made based on the average price per liter of refined oil.

Starting March 29, 2017 the government decided to switch up the system again and adopt a weekly ceiling price. This means that individual petrol stations are allowed to deviate from the ceiling price, provided they get approval from the government first.

See also: Latest Petrol Prices in Malaysia – RON95, RON97 & Diesel [UPDATED WEEKLY]

The announcement that the system would change from a monthly price announcement to a weekly ceiling price came as a surprise and caught a lot of station owners off guard, fearing they would face heavy competition in terms of fuel prices.

However, a deviation from the ceiling price requires approval from the government and as long fuel price does not rise too much, individual stations have no reason to deviate from the ceiling price. Here’s the list of the petrol prices in the 2017.

Related: 12 Ways To Reduce Your Petrol Spend

petrol price

December 2017 Petrol Prices In Malaysia

December Petrol Prices In Malaysia
Week Ron 95 Ron 97 Diesel
28 Dec – Jan 3 2018 2.26 2.53 2.26
Dec 21 – 27 2.27 2.54 2.23
Dec 14 – 20 2.25 2.52 2.20
Dec 7 – 13 2.29 2.57 2.21
Nov 30 – Dec 6 2.30 2.58 2.25

Despite the sharp rise over the past few weeks, government has stated that it will not intervene and manage the fuel prices as of the moment.

“The Finance Minister II said the government would only consider stepping in if the global crude oil price increases to such a critical level that could lead to an extreme inflation of the economy.” The Sun reported.

Related: Comparing Petrol Loyalty Cards in Malaysia

November 2017 Petrol Prices In Malaysia

November Petrol Prices In Malaysia
Week Ron 95 Ron 97 Diesel
Nov 23 – Nov 29 2.30 2.58 2.23
Nov 16 – 22 2.38 2.66 2.25
Nov 9 – 15 2.31 2.60 2.20
Nov 3 – 8 2.24 2.54 2.17

October 2017 Petrol Prices In Malaysia

October Petrol Prices In Malaysia
Week Ron 95 Ron 97 Diesel
Oct 26 – Nov 2 2.20 2.50 2.13
Oct 19 – 25 2.19 2.49 2.10
Oct 12 – 18 2.21 2.52 2.13
Oct 5 – 11 2.20 2.48 2.05

For the latest week, Ron 95’s, and Ron 97’s prices will go up by 3 sen while diesel’s price will go up by 2 sen.

See also: How to Save Money with Weekly Petrol Pricing

September 2017 Petrol Prices in Malaysia

September Petrol Prices In Malaysia
Week Ron 95 Ron 97 Diesel
Sep 28 – Oct 4 2.16 2.46 2.12
Sep 21 – Sep 27 2.19 2.49 2.10
Sep 14 – Sep 20 2.21 2.52 2.13
Sep 7 – Sep 13 2.20 2.48 2.05
Aug 31 – Sep 6 2.16 2.44 2.04

For the latest week, Ron 95  and 97 will be going down by 3 sen while Diesel prices will go up by 2 sen.

August 2017 Petrol Prices in Malaysia

August Petrol Prices In Malaysia
Week Ron 95 Ron 97 Diesel
Aug 23 – Aug 30 2.15 2.43 2.01
Aug 17 – Aug 23 2.15 2.43 2.04
Aug 10 – Aug 16 2.12 2.39 2.06
Aug 3 – Aug 9 2.07 2.32 2.05

Overall, petrol and diesel prices were on the uptrend in August 2017.

July 2017 Petrol Prices in Malaysia

July Petrol Prices
Week Ron 95 Ron 97 Diesel
July 27 – Aug 2 RM2.03 RM2.28 RM1.99
July 20 – July 26 RM1.97 RM2.22 RM1.96
July 5 – July 12 RM1.97 RM2.22 RM1.96
July 13 – July 19 RM1.93 RM2.19 RM1.91
June 28 – July 5 RM1.89 RM2.15 RM1.84

Petrol prices for RON95, RON97 and Diesel have continued to drop, in line with the trend of the last few weeks. Another week of record lows, time to fill up! Check back next week for the latest fuel prices! We will continue to update this page to keep you informed and to make sure you are not overpaying for your fuel.

Related: The Best Petrol Credit Card for Malaysians

June 2017 Petrol Prices in Malaysia

June Petrol Prices
Week Ron 95 Ron 97 Diesel
June 22 – June 28 RM1.91 RM2.17 RM1.88
June 15 – June 21 RM1.98 RM2.24 RM1.88
June 8 – June 14 RM2.05 RM2.31 RM1.94
June 1 – June 7 RM2.10 RM2.38 RM2.02

May 2017 Petrol Prices in Malaysia

May Petrol Prices
Week Ron 95 Ron 97 Diesel
May 25 – May 31 RM2.12 RM2.40 RM2.03
May 18 – May 24 RM2.08 RM2.36 RM1.99
May 11 – May 17 RM2.01 RM2.29 RM1.95
May 4 – May 10 RM2.11 RM2.39 RM2.08
April 27 – May 3 RM2.21 RM2.49 RM2.14

April 2017 Petrol Prices in Malaysia

April Petrol Prices
Week Ron 95 Ron 97 Diesel
April 20 – April 26 RM2.27 RM2.54 RM2.21
April 13 – April 19 RM2.24 RM2.52 RM2.16
April 6 – April 12 RM2.16 RM2.43 RM2.08
March 30 – April 5 RM2.13 RM2.41 RM2.11

Don’t forget to check out the latest petrol prices here!

Related: 5 Ridiculously Simple Ways to Save Money On Petrol

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