The price of RON 97 petrol seems to have gone down five sen to RM2.85 per litre. The last price change for the premium fuel happened in early March, when the price was upped by five sen to RM2.90 per litre.
The price of RON 95 petrol remains at RM2.10 per litre and diesel at RM2.00 per litre. Unlike RON 95 and diesel, the pricing of RON 97 is minimally subsidised and claimed to be derived by market forces, so price changes happen more often than the other two fuels.
The last time RON 97 was priced at RM2.85 per litre was from February, representing an increase of five sen. It was also priced at RM2.85 per litre in September 2013 – that was a 15 sen jump from before.
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AI-generated Summary ✨
Comments mainly focus on the small 5 sen petrol price reduction, with many feeling it’s insignificant amid rising living costs and petrol prices. Some appreciate the reduction and suggest similar cuts for Ron95 and diesel, while others criticize it as a mere token. Several comments highlight Malaysia’s lucrative oil exports and the difference between imported and exported crude oil. Economic concerns about subsidies, taxes, car affordability, and inflation are prevalent, with mixed sentiments about government policies and national economic management.