Sometime yesterday night, rumours began circulating through the social media channel as well as through phone messages about an impending fuel price hike at the pump, beginning from 12am today.
Word was that the pricing of both market float RON 97 (RM2.90 per litre) and regulated RON 95 (RM1.90 per litre) was to be increased, reportedly by 80 sen for RON 97 (to RM3.70) and 40 sen for RON 95 (to RM2.30).
With no confirmation forthcoming and the murmurs getting louder, I decided to go out after midnight to find out for myself – I’ve just come back from visiting two gas stations nearby, and can confirm that there is NO price increase to either RON 95 or RON 97 petrol, which means it’s still RM1.90 and RM2.70 per litre respectively. I even topped up the ride with RON 97 to verify things with a purchase, and snapped some pix of the per litre pricing while at it.
The last time a price adjustment was made was on March 7, with RON 97 – which works on a managed float, with pricing determined according to market forces – having its retail price increased by 20 sen to RM2.90 per litre.
Meanwhile, both RON 95 petrol and diesel, which is subsidised by a government allowance, have remained unchanged for a good while. It would seem that nothing is beyond rumour-mongering in this current climate, even the price of petrol. Or rather, especially the price of petrol. In any case, attempting to raise prices by such a substantial jump at this juncture would be quite a silly thing to do.
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AI-generated Summary ✨
Comments mostly express frustration and suspicion over rising prices of essentials like fuel, bread, and other goods, despite official claims of no increase in RON 95 and RON 97 pump prices. Many believe there are hidden costs, government subsidies, or political motives behind the pricing issues. There is widespread distrust of mainstream media and rampant sharing of false rumors and fake news on social media, often fueling paranoia and anger. Some comments criticize the government for poor transparency and accuse political opponents of spreading misinformation. A few comments advocate for skepticism and encourage self-research before believing viral posts. Overall, the sentiment reflects dissatisfaction with economic conditions, a desire for transparency, and concern over misinformation spreading online.