- Latest in kereta dot info Malaysia :
MODIFIED HONDA CITY RS 1.0 TURBO 2020
Proud to be Malaysian? This is what we get just after 52 years of Merdeka, the fuel price increased to RM1.80 for RON 95 and RM2.05 for RON 97. Majority of petrol station now selling more RON95 compared to RON 97. Some people complaining bad performance experienced when using RON95 but some says it has no effect at all. Why should our government increase the fuel price?
Read full news from NST below:
PETALING JAYA: The environmentally-friendly RON95 petrol will be sold at RM1.80 and the higher grade RON97 at RM2.05 beginning 1 September 2009.
Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob, in making the announcement yesterday, said the RON97, which was sold at RM1.80 until yesterday, is premium grade.
He also said the sale of RON92 would be discontinued as only five per cent of motorists used it.
It was earlier announced that RON95 would be sold at RM1.75 while the premium RON97 would be sold at RM2 from this month. Many petrol stations have already started selling the two grades at RM1.75 and RM2, respectively, since mid-last month.
Ismail said the upward revision of the prices was necessary as the global crude oil price had doubled since the announcement by former minister Datuk Shahrir Abdul Samad in March that RON95 would be sold at RM1.75.
“He made the announcement based on last December’s price.
“The global crude oil price has increased 102 per cent since then,” Ismail said at the Nationwide RON95 Launch here.
He said the government expects to reduce the petrol subsidy by RM420 million per year with the introduction of RON95 as its subsidy price was lower, 38.81 sen per liter, compared with the subsidy for RON97, which was 42.72 sen per litre.
“In fact, the price of RON95, going by world markets, is RM1.89 per litre. But the government does not want the people to feel the rise so it has set the price at RM1.80.”
He also said there was no guarantee that fuel prices would not be revised further this year.
Please follow and like us: