Real-time updates on Malaysia's fuel prices, oil prices will remain basically unchanged for the next week!
AshleySep 26, 2024, 06:33 PM
The Malaysian domestic fuel market has remained stable recently. According to the latest data, the oil price is expected to remain unchanged for the coming week, maintaining a stable status.
Although the international crude oil market has recently fluctuated, the domestic fuel prices in Malaysia have not been significantly affected. Despite a slight decline in Brent crude oil futures prices, it did not trigger the adjustment mechanism of domestic oil prices in Malaysia. The Malaysian Energy Department stated that the current domestic fuel supply is ample, and the fluctuation range of international crude oil prices is small. Therefore, domestic oil prices will remain stable for the next week.
Specifically, at petrol stations in various regions of Malaysia, the recent ron95 oil price has remained at RM 2.05 per liter, and the price of ron97 remained at RM 3.19. This price level not only provides consumers with stable travel cost expectations but also reflects the Malaysian government's efforts in energy supply and price stability.
Furthermore, the Malaysian government has also ensured the stability and sustainability of domestic fuel supply by strengthening cooperation with the international energy market. Simultaneously, the government is closely monitoring international oil price trends to take appropriate measures when necessary to protect the interests of domestic consumers.
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