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Friday, September 07, 2012

Price of RON97 petrol is now RM3 per litre

Yesterday, Sep 6, saw a hike in the price of premium petrol RON97 to RM3 per litre, up by 30 sen.

The retail price of RON97 petrol is determined by a 'managed float' in which the price fluctuates according to market forces.

Here in Malaysia, the price of petrol is the same across the board meaning wherever you fill your tank in any part of the country, the petrol price is the same. There are two types of petrol being sold in Malaysia, RON95 and RON97. The latter being the premium grade is the petrol available to foreigners (i.e., non-citizens) in the country.

Related article:
Petrol price for RON97 is now RM3 per litre

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