Government Removes Ceiling Price For RON95 Petrol And Diesel
Jacie Tan
10th June 2020 - 1 min read
The Malaysian government appears to have revoked the price control order that restricted the price of RON95 petrol to RM2.08/litre and diesel to RM2.18/litre.
The revocation was announced in a gazette dated 3 June 2020 and the order was approved by Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Tinggi on 10 April.
“The Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 8) Order 2020 [P.U. (A) 64/2020] is revoked,” the gazette stated.
The former Pakatan Harapan government introduced the price ceiling after the 14th general election, restricting the maximum retail price for RON95 and diesel in Malaysia regardless of global oil price levels.
(Source: Malay Mail)
About THE AUTHOR
Jacie Tan
Most Viewed Articles
Most Viewed Articles
Personal Finance News
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Personal Finance News
Rakyat Digital Portal Offers Free Coursera And AI Access
Malaysians can now get free access to Coursera courses and leading AI applications through the newly launched Rakyat […]
Personal Finance News
1 In 8 Malaysians Is Now Aged 60 Or Older
Malaysia’s population is ageing faster than its birth rate can keep pace, with 4.2 million residents, or 12.3% […]
Personal Finance News
DOSM: June Inflation Eases To 1.9% As Transport Costs Slow
Malaysia’s inflation rate eased to 1.9% in June 2026, down from 2.0% in May, according to the latest […]
Comments (0)