For the first time since RON97 was put on a ‘controlled market float’ in July last year, the price of the higher octane fuel has been reduced by 10 sen from RM2.90 per litre to RM2.80 per litre. The last change was on the 5th of May, where it was hiked 20 sen. The ‘mainstream’ RON95 fuel remains at RM1.90 per litre, while both petroleum diesel and B5 biodiesel (currently only available in Putrajaya) are sold at RM1.80 per litre.
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AI-generated Summary ✨
Comments express a mix of opinions regarding the recent 10-cent drop in RON97 petrol price, with many welcoming the reduction as a positive move amid concerns about rising living costs and fuel prices. Some critics feel the government's adjustment is insufficient or merely a political move to appease voters before elections. Others highlight the lack of transparency in how fuel prices are calculated and accuse the government of being inconsistent or opportunistic. A few comments touch on broader issues like government spending, subsidies, and economic policies, often with a critical tone toward political leaders. Overall, sentiments are predominantly skeptical or pragmatic, with a desire for more transparency and more substantial price reductions, while a minority remain supportive or indifferent.