June 2019 week 4 gasoline value – RON 97 down three sen

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It’s the tip of the working week, which implies a brand new gasoline value for the week forward. After final week’s huge drop, there’s extra excellent news for RON 97 customers.

From tomorrow, June 22, 2019, RON 97 will retail at RM2.38 per litre (down three sen from the RM2.41 introduced final week). There may be in fact no change to the value of RON 95 petrol, which stands at RM2.08 per litre, the utmost value shoppers pay irrespective of how excessive market costs push pump costs.

It’s the identical for Euro 2M diesel as nicely, which continues to be bought at RM2.18 per litre, and Euro 5 diesel – at all times 10 sen greater than Euro 2M diesel – stays priced at RM2.28 per litre.

Primarily based on Computerized Value Mechanism (APM) calculations, RON 95 petrol would value RM2.08 per litre, which is the value cap restrict – because of this the federal government won’t be subsidising RON 95 petrol for the approaching week. Diesel could be priced at RM2.19 per litre with out the value cap in place, which implies one sen of subsidy.

These costs will stay in impact till June 28, when the subsequent set of gasoline pricing changes shall be introduced. That is the 24th version of the weekly gasoline pricing format, which is introduced each Friday. The weekly costs are in impact from Saturday till the next Friday.

The put up June 2019 week 4 gasoline value – RON 97 down three sen appeared first on Paul Tan’s Automotive Information.

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