After dropping 5 sen a litre just before the Chinese New Year started, prices of petrol have climbed back up by 4 sen for the coming week. This puts RON95 petrol at RM1.97 per litre and RON97 petrol at RM2.27 per litre, effective after midnight today.
For owners of diesel vehicles, there’s neither good nor bad news since the prices remain the same for another 7 days, ie RM2.18 for the Euro2M grade and RM2.28 for the Euro5 grade.
According to the Finance Ministry, the increase in market prices for diesel should result in the retail price of the fuel being raised by 1 sen per litre to RM2.19. However, as the government has promised to maintain the pump price of diesel at RM2.18 per litre, the additional cost is offset with subsidies.
If you have a car with a modern turbodiesel engine, it’s best to spend the extra 10 sen per litre for the Euro5 grade as it has much less sulphur which means the engine will run better and you will also help reduce air pollution in a small way.
This weekend will see many motorists heading home after the long holiday break. If you’re one of them, you can stop by at selected PETRONAS stations for free coffee and snacks on Saturday and Sunday as the annual Coffee Break is on.
If you spend RM30 or more at any BHPetrol station, you can participate in the company’s latest ‘Win Cash RM300,000’ promotion that is on until March 31, 2019. This might be your lucky year as you can win up to RM100,000 in cash as well as 100,000 ePoints. Click here for more information on the promotion.