It’s Wednesday, which suggests it’s as soon as once more time for the weekly gasoline value replace right here in Malaysia. The ministry of finance has introduced the retail costs of fuels for the approaching week of December 14 to December 20, 2023.

As soon as once more, there is no such thing as a change to the value of RON 97 petrol for the approaching week, which suggests the premium grade of gasoline continues at RM3.47 per litre, or the identical as final week. No change both, subsequently, for RON 95, which stays at its ceiling value of RM2.05 per litre as set by the Malaysian authorities in February 2021.

Diesel gasoline costs subsequently keep the place they’re, price-wise, with Euro 5 B10 and B20 blends remaining at RM2.15 per litre as earlier than, and the Euro 5 B7 mix continues unchanged on the 20 sen margin above, at RM2.35 per litre.

In right this moment’s information on the state of the diesel subsidy, the home commerce and value of dwelling ministry (KPDN) has issued a denial assertion in opposition to claims on social media which says that the diesel subsidy shall be discontinued within the new 12 months, to which the ministry has mentioned is faux information. Diesel fuels are, nonetheless, set to go down the route of focused subsidies.

For now, the introduced gasoline costs will take impact from midnight tonight till Wednesday, December 20, 2023, when the following set of gasoline value updates shall be introduced. That is the 50th version of the weekly gasoline pricing format in Malaysia, and the 257th in whole because it was launched originally of 2019.

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