Domestic fuel prices fall in Myanmar

by · Eleven Media Group Co., Ltd

Domestic fuel prices have declined, according to the prices announced by the Fuel import, Storage and Distribution Supervisory Committee.

According to the prices announced on November 13, the prices in Yangon stood at K4,270 per litre for 92 Ron, K4,315 per litre for 95 Ron, K4,380 per litre for diesel (HSD 500 ppm) and K5,315 per litre for premium diesel (HSD 50 ppm/10 ppm).

Accordingly, the prices fell by K260 per litre for 92 Ron, K235 for 95 Ron, K175 for diesel and K208 for premium diesel.

The committee calculates and announces reference fuel prices based on Mean of Platts Singapore (MOPS) prices. The committee has also informed the public that any cases of fuel being sold above the prescribed reference prices or other pricing irregularities can be reported to the committee.

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