The weekly managed float system being implemented in the country to determine fuel prices is timely, said Second Finance Minister Datuk Johari Abdul Ghani.
He said this was because fuel prices in Malaysia were influenced by the world oil prices.
"If (we) look at the beginning of the weekly managed float system, there have been a drop of 17 sen for RON95 (petrol per litre), 19 sen for RON97 and nine sen for diesel... The people still benefit as the prices are still reasonable and controlled.
"However, the government is always prepared to take a more proactive measures should there be a sudden increase in world prices of oil," he told reporters after launching the Road Transport Department (RTD) MyPrihatin programme for the Titiwangsa parliamentary constituency-level here today.
Also present were RTD director-general Datuk Seri Nadzri Siron and Malaysian Muslim Consumers Association (PPIM) chief activist Datuk Nadzim Johan.
Johari was commenting on the increase of fuel prices the past four months which was deemed as a burden to the people.
He also did not rule out the possibility that the ongoing crisis in Syria could have its impact on the world fuel prices.
"When there is an attack by the United States on that country (Syria), the largest oil producer in West Asia, various quarters believe that the world's fuel supplies will be disrupted...This is among the reasons for the sudden increase in oil prices," said Johari.
In February, the government announced an increase of 20 sen in the prices of RON95 and RON97, and 10 sen for diesel.
Two months later, the weekly retail price for RON95 rose three sen to RM2.16 per litre, RON97 went up two sen to RM2.34 per litre, while diesel fell three sen to RM2.08 per litre, effective April 6 to 12.
-- BERNAMA
Bernama
Sat Apr 15 2017
In February, the government announced an increase of 20 sen in the prices of RON95 and RON97, and 10 sen for diesel.
Perasuah semakin licik, perlu sokongan semua pihak terutama media - Azam Baki
Rasuah merupakan jenayah yang unik sifatnya pada masa kini dan Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) memerlukan sokongan daripada semua pihak khususnya media untuk membanterasnya.
KJ tak terfikir untuk kembali ke FAM
Khairy berkata terdapat calon-calon lain yang lebih layak untuk menerajui badan induk itu berbanding beliau.
Dakwa kerajaan ambil tindakan terhadap kritikan, Syed Saddiq diminta tidak hipokrit - Fahmi
Fahmi berkata kerajaan tidak menghalang rakyat untuk mengkritik, khususnya melibatkan dasar yang dilaksanakan kerajaan.
Dua anak Tun M sekali lagi diberi tempoh lanjutan 30 hari bagi isytihar harta
Maklumat harta serta aset Mirzan dan Tan Sri Mokhzani sejak empat dekad lalu perlu dikemukakan dalam tempoh 30 hari kepada SPRM.
AWANI Ringkas: Kes saman fitnah
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
AWANI Ringkas: PRK Kuala Kubu Baharu
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Thomas Cup: Zii Jia ketepikan 'kegoyahan' kem perseorangan lelaki negara
Lee Zii Jia tidak mahu terlalu memikirkan situasi kem perseorangan negara yang kurang mantap menjelang aksi pembukaan Kumpulan D saingan Piala Thomas 2024 berdepan Hong Kong, esok.
AirAsia Group bakal disenaraikan di Bursa Malaysia pada September - Tony Fernandes
AirAsia Group Sdn Bhd (AAG) bakal disenaraikan di Bursa Malaysia pada September, mengambil alih status penyenaraian AirAsia X Bhd, kata Ketua Pegawai Eksekutif Capital A Bhd Tan Sri Tony Fernandes.
Sebutan rayuan pendakwaan terhadap Bung Moktar, isteri ditetapkan 29 Julai
Timbalan pendaftar Mahkamah Rayuan Muhammad Noor Firdaus Rosli menetapkan tarikh itu semasa pengurusan kes hari ini dan beliau turut menetapkan pengurusan kes akhir pada 15 Julai.
AWANI 7:45 [26/04/2024] - Wajar tidak dijemput | UM jemput pensyarah Pro-Israel | Rumah terbuka di Kuala Kubu Bharu | Penamaan calon pada Sabtu
#AWANI745 malam ini bersama Irfan Faruqi;
1. PM sindir pensyarah Amerika jemputan UM berkualiti rendah
2. Mahasiswa boikot kuliah, jika VC UM membisu
3. Bersih dakwa Rumah Terbuka Aidilfitri Selangor bercanggah Akta Kesalahan Pilihan Raya
4. SPR selesai persiapan proses penamaan calon PRK DUN Kuala Kubu Baharu
1. PM sindir pensyarah Amerika jemputan UM berkualiti rendah
2. Mahasiswa boikot kuliah, jika VC UM membisu
3. Bersih dakwa Rumah Terbuka Aidilfitri Selangor bercanggah Akta Kesalahan Pilihan Raya
4. SPR selesai persiapan proses penamaan calon PRK DUN Kuala Kubu Baharu