Malaysia Petrol Price Update: RON97 Increase

The price of RON97 petrol has been increased by 15 sen per litre from 1 Dec 2010.

The price of RON97 petrol will cost RM2.30 compared with the earlier price of RM2.15 per litre, due to an increase in the price of crude oil in the world market.

The price of RON95 will however, remain at RM1.85 sen per litre.

It was announced by the Government on July 16 that the price of RON97 will be subjected to a managed float to reflect the price of petrol in the global market.

This is the second increase announced in a month as on Nov 1, the price of RON97 was increased by five sen and sold at RM2.15 per litre.

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Source: http://www.thestar.com.my/news/story.asp?file=/2010/12/1/nation/7533951&sec=nation

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