As of September 5, the fuel price for RON97 will be increased by 15 sen from RM2.70 to RM2.85. This was confirmed by the Petrol Dealers Association of Malaysia president Datuk Hashim Othman.
Just two days ago, RON95 has been increased by 20 sen from RM1.90 to RM2.10. According to our PM Najib Razak, we are paying less because the government has subsidized RM0.63 from the actual price. We did a little calculation and found out that RON95 is more expensive than RON97 before subsidy! Something must be wrong somewhere, right?
So today, the government announced RON97 will be increased by 15 sen to RM2.85. Surely, the new price of RM2.85 is definitely more than RM2.73.
See Also: Malaysian Fuel Price History