Those who think that their fuel tank refills will cost less by RM0.05 per litre because they’ve switched to RON95 as their regular fuel have to wipe their smile off their faces – the government has announced that RON95 will be priced at the old RON97 price of RM1.80 per litre from midnight onwards.
As for RON97, we already know that a price hike is imminent – it will be priced at RM2.05 per litre. RON92 has been phased out. No news about Shell V-Power for now, as it is it’s been removed from a significant amount of stations. They are probably still trying to figure out the sweet spot for pricing and planning the logistics for supply to stations.
This is expected really, considering crude oil per barrel closed US$72.75 a barrel on Friday, which is up 20% from around US$60 in July. There are various factors for this but the most quoted reasons are an improving global economy and a declining US dollar – the lower USD’s values are, the more USD you will have to pay per barrel.
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AI-generated Summary ✨
Comments express frustration over the impending petrol price increase from RM1.75 to RM1.80, criticizing government dishonesty and claiming promises are broken, often comparing Malaysia unfavorably to other countries with cheaper fuel and better public transport. Many see the hike as a betrayal, feeling rakyat are being cheated and burdened further. Some discuss the impact on everyday living, fueling debates on government transparency, political trust, and the need for lifestyle changes or alternative energy solutions.