Tuesday, May 17, 2022

fuel prices

Fuel subsidies surged by up to 10 times since 2021, says finance minister

Tengku Zafrul Aziz says subsidies for petrol, diesel and liquefied petroleum gas increased from RM200 million for January 2021 to more than RM2 billion for January 2022.

AirAsia brings back fuel surcharge for all flights

Domestic routes will be charged RM10 and international routes between RM25 and RM60, depending on duration of trip.

Biden orders release of 50 million barrels from US strategic oil reserves

The release will be taken in parallel with other major energy consuming nations including China, India, Japan, Republic of Korea and the UK.

Govt announces ceiling price for RON95, diesel under new initiative

The ceiling price per litre for RON95 petrol will be RM2.05 and for diesel, RM2.15.

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