DIJANGKA Ron95 & diesel antara rm1.90-1.95 seliter mulai 1/1/15. Pengumuman akan dibuat KPDNKK. Harap peniaga2 akan turunkan harga barang !!
— Ahmad Maslan (@ahmadmaslan) December 30, 2014
The prices of RON 95 petrol and diesel are expected to drop to around RM1.90-1.95 a litre tomorrow, deputy finance minister Datuk Ahmad Maslan tweeted yesterday. He said an official announcement will be made by the Domestic Trade, Cooperatives and Consumerism ministry (KPDNKK).
Since fuel subsidies were discontinued at the start of December, prices are now based on a managed float system, which will be reviewed monthly. RON 95 petrol is currently priced at RM2.26 per litre (down four sen from before), while RON 97 petrol is priced at RM2.46 per litre (down nine sen). Diesel, meanwhile, is priced at RM2.23 per litre (up three sen).
The government also announced earlier this month that a simplified version of the formula used to calculate the price of RON 95 petrol and diesel would be made public soon, allowing the rakyat to know exactly how fuel prices are derived. Expect some kind of announcement on fuel prices very soon.
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AI-generated Summary ✨
Many comments express skepticism and frustration over the petrol price prediction of RM1.90-1.95, citing the current global oil prices and the lack of transparency in pricing formulas. Several commentators emphasize that Malaysia, as an oil producer, should have cheaper fuel but still pays higher prices due to government policies and taxes. There’s anger over the perceived unfairness of high fuel prices despite falling global oil prices, with some comparing Malaysia unfavorably to other countries like Norway and Singapore. Others criticize the government and officials for lack of accountability, false promises, and not passing savings to consumers, while some promote the idea that consumers should continue using RON95 if their cars permit. Overall, there’s widespread disappointment, distrust, and calls for pricing reforms.