Fuel_Wallet_Gauge5611The retail price of RON 97 petrol will be RM2.90 per litre effective tomorrow, March 7. This is a 20 sen increase from the existing RM2.70 per litre.

The pump price of RON 97 was last revised on January 10 this year, when it was reduced by five sen from the RM2.75 per litre previously. Meanwhile, RON 95 petrol and diesel prices, subsidised by a government allowance, will remain unchanged.

Unlike the regulated and subsidised RM1.90 per litre RON 95, the pricing of RON 97 works on a managed float, with pricing determined according to market forces.