Logo of Phnom Penh Post newspaper Phnom Penh Post - Fuel prices to inch up today on revised caps

Fuel prices to inch up today on revised caps

Fuel prices are displayed on a sign in front of a petrol station last year in Phnom Penh as customers fill up their motorcycle.
Fuel prices are displayed on a sign in front of a petrol station last year in Phnom Penh as customers fill up their motorcycle. Vireak Mai

Fuel prices to inch up today on revised caps

The government issued its first scheduled recalculation of the fuel-pricing mechanism it rolled out on March 15, increasing the price cap on gasoline by 100 riel.

The revised ceilings, which come into effect today, require petroleum retailers in the Kingdom to sell gasoline at or below 3,150 riel for regular, 3,250 per litre for premium and 2,750 riel per litre for diesel, the Ministry of Commerce said yesterday.

The fuel-pricing mechanism aims to ensure local petrol prices are responsive to changes in global oil prices. The next scheduled price recalculation is set for April 1.

MOST VIEWED

  • Serious flooding across country

    The Kampong Speu provincial Committee for Disaster Management on Wednesday issued an alert after non-stop heavy rain caused widespread flooding. In Koh Kong province, authorities are working with the disaster committee and the Cambodian Red Cross to assist those affected after more than 350 homes were

  • CNRP points to King in call for vote boycott

    Leaders of the former Cambodia National Rescue Party (CNRP) have taken a new tack in their call for a boycott of the national elections later this month. They are now claiming that the people should follow the King, who is expected to abide by tradition

  • Actress’s NGO takes heat for promoting the ruling party

    An actress’s NGO which participated in an election campaign event contrary to the Law on Association and Non-Governmental Organisations (Lango) has been slammed. Chorn Chanleakena, a celebrity and the president of the Association of Artists Volunteering to Help Society, allegedly led its members in

  • Troop moves ‘won’t worry people’

    Senior officials at the Ministry of Defence and National Police said on Tuesday that riot training provided to the country’s police forces were aimed at preventing unexpected demonstrations and strikes before and after the July 29 national elections. The troop mobilisation, they said, would not