Wednesday, June 06, 2012

Petrol price in Malaysia - RON97 - June 2012

Sep 2, 2013 Update: Diesel and RON95 petrol price increase
Sep 6 Update:Price of RON97 petrol is now RM3 per litre
July 4 Update: RON97 petrol price reduced by 20sen to RM2.60 from July 5 2012

If you are an owner of a vehicle using petrol RON97, there is good news for you.

The retail price of RON97 would cost 10 sen less at RM2.80 per litre from Thursday (tomorrow or rather after midnight tonight). The dip in price is in line with the dip in average global crude oil prices in May.

In Malaysia, the retail price of premium petrol RON97 is fixed based on a managed float whereby the monthly price is determined according to market forces. The last increase of 10 sen (to RM2.90) was on Apr 3, 2012.

RON95 is still at RM1.90 a litre while diesel is at RM1.80 a litre.

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