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 express mixed feelings about the petrol price reduction, with some appreciating the 5 sen decrease as a small win and others criticizing it as insignificant amidst rising living costs. Several commenters discussed the wider economic implications, such as the government's revenue from excise taxes and subsidies, potential impact on car affordability, and the policy of floating fuel prices. There is also debate about the quality of Malaysian fuel and its comparison to other countries, as well as concerns about inflation, traffic congestion, air pollution, and job security caused by cheaper cars and fuel. Some comments mention political and racial sentiments, while others sarcastically praise or criticize the government's efforts. Overall, the sentiment ranges from cautious optimism to frustration over minimal price changes and unresolved economic issues.