The price of RON97 was quietly dropped by 10 sen effective today, bringing the price of the premium fuel down to RM2.75 per litre. This decrease comes just over two months after the last price change, where the price of the fuel was increased by 15 sen from RM2.70 per litre. RON95 remains at RM2.10 per litre and diesel at RM2.00 per litre. Unlike RON95 and diesel, the pricing of RON97 is minimally subsidised and claimed to be derived by market forces, so price changes happen more often than RON95, and diesel.
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AI-generated Summary ✨
Comments on the blog post about the recent drop in RON97 petrol price mostly focus on the economic and political implications. Several comments criticize the government’s approach, arguing that Malaysia, as an oil exporter, should not need to subsidize fuel and that current prices reflect poor governance. Some express skepticism about the real impact on daily life and prices of goods, claiming that the reduction is minimal and not affecting the overall high cost of living. Others compare Malaysia's oil policies unfavorably to Brunei and Singapore, criticizing corruption and mismanagement. There’s sarcasm and humor regarding the price change, as well as political commentary about government motives. Overall, the sentiments reflect frustration with governance and skepticism about the true benefits of the price drop.