Thursday, March 10, 2011

Petrol price in Malaysia

Latest update: Oct 1, 2014 - New Price of petrol in Malaysia - October 2014
Sep 2, 2013 Update - Diesel and RON95 petrol price increase
Sep 7, 2012 Update - Price of RON97 petrol is now RM3 per litre
July 4, 2012 Update - RON97 petrol price reduced by 20sen to RM2.60 from July 5 2012
June 6, 2012 Update - Petrol price in Malaysia - RON97 - June 2012
Apr 4, 2012 Update - RON 97 Petrol price increase - April 3 midnight
June 15, 2011 Update - RON97 petrol reduced by 10 sen to RM2.80 a litre
May 6, 2011 Update - RON 97 takes another hike to RM2.90 and Petrol brands in Malaysia

In case you are new to this country and are wondering about gasoline or petrol prices here, there are two types of petrol available, RON95 and RON97.

Petrol is priced at RM1.90 per litre for RON 95 and RM2.50 per litre for premium petrol RON 97.

The price of RON 97 petrol was last raised on Feb 1, up from an initial 10sen increase on Jan 4. In December, RON 95 petrol and diesel rose 5sen per litre to RM1.90 and RM1.85 per litre respectively.

In the face of higher crude oil prices which is around USD105 currently, the government fuel subsidy is estimated to rise by an additional RM4bil this year pushing up the fuel subsidy under Budget 2011 to RM14bil, compared with the RM10bil estimation last year when oil prices hovered around US$85 to US$90 per barrel.

Source: The Star

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