As scheduled, the government has adjusted the price of unsubsidised RON 95 petrol to a weekly market float, with the fuel priced at RM2.65 per litre in the coming week. This price will apply to those who are not eligible for the Budi Madani RON 95 (Budi95) subsidy. All eligible Malaysian citizens with a valid driving licence pay RM1.99 per litre for the fuel, meaning that Budi95 recipients get 66 sen of subsidy for each litre of fuel they use.
The increase was mentioned in the weekly fuel pricing update issued by the finance ministry earlier this evening. The fuel was previously priced at RM2.60 per litre for the entire month of October, as indicated by finance minister II Datuk Seri Amir Hamzah Azizan when the Budi95 programme began on September 30.
Back then, he said that the unsubsidised price was being fixed for a month (which was October) to allow the public to adjust to the workings of Budi95 before it was floated based on global prices.
“We will keep the RM2.60 price stable for one month to get everybody comfortable with this price. After that, similar to diesel, prices will be revised weekly under the automatic pricing mechanism, which reflects global market prices as we also need to source supplies internationally,” he had said.
He had added that fuel prices would follow market movements, rising when global prices increase and falling when they decline, similar to the mechanism applied to diesel. Citing the removal of blanket diesel subsidies last year, he said the retail price was RM3.35 per litre at the time, but has since fallen, in line with global oil prices. It is currently priced at RM3.07 per litre for the coming week.
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HERE RON95 increase price
Malaysia buying oil from Bully TRUMP
mesti ramai tak tahu. Petrol yang dijual dalam Malaysia, adalah petrol import. Itu salah satu sebab harga kerap naik. Jadi, di mana petrol galian tempatan oleh Petronas? Jawapan nya, ia di-export ke negara lain. Sebab kualiti petrol Malaysia adalah tinggi, dan Rakyat tidak berhak menikmatinya.
manade incresase price, ron95 now is only RM1.99, be grateful that malaysian price is one of the cheapest in the world, look at nighbours thailand and indonesia their price is above RM3.
Those who complain are either foreign citizens or Malaysians without valid driving licence.
Brunei is our neighbour. why always forgot about Brunei
bukan sebab rakyat x hak nekmatinya.. petrol malaysia ade la yang paling ringan atau low API di DUNIA! Dan mahal. Ia di gunakan sebagai jet fuel atau gunaan yng perlu minyak qualiti tunggi. Basir sje di gunakan bagi kereta. X de ape manafaat. Lebih baik jual itu untuk untung besar dan gunakan ron95 sbgi nya yang sesuai bagi kereta!
M’sian crude oil has lower sulfur content which commands a higher price than crude oil with higher sulfur because lower sulfur content is preferred in countries with stricter emissions requirements like the US & Japan. This is why, for several decades, M’sian crude oil is being exported while cheaper higher sulfur crude oil is being imported mostly from the Middle East.
actual price in neighborhood country Indonesian Thailand is around rm3 so budi95 cheap price is thanks to which govt and which PM?
Petrol now at RM 2.65 is thanks to which govt and which PM?
RM2.65/L RON95 only for foreigners driving Malaysian registered motor vehicles & Malaysians with no valid driving licence.
Saya peniaga tempatan ada kereta company dua biji yg guna petrol
pekerja pun tempatan tapi kami peniaga tempatan kena bayar harga rm2.65
kereta dua biji sahaja tapi kos petrol naik lain lain nanti cut juga la bajet syarikat
nak Tanya awat peniaga Malaysia tak berhak dapat subsidi langsung ke
Kita pun bayar tax
Sykt tempatan M’sia boleh berdaftar dgn KPDN utk memohon fleet card RON95 bersubsidi dibwh SKPS dimana ada 9 jenis kenderaan membawa penumpang & 12 jenis kenderaan barangan yg layak.
Finally news PMX will say ur national debt is syill high n there r leakage
Mere 66sen just to trade off your own personal details which Pakatan will use to autovote themselves even if you selected the other parties. They need to STEP DOWN NOW!
rm1.99 for ron95 (not 97) is cheapest in entire history of malaysia if we account for inflation. plansb can remind us what was ron95 price during Anjib time as PM ?
If you are really rakyat Malaysia, you should already know that JPN has been keeping the personal details of every Malaysian since Merdeka.
commentor above is actually singaporean thats why keep on complaining, didnt know how JPN and EelctionCommission works.
Anwar menang rakyat senang
Kepla hotak! Petrol all time high at RM 2.65! Rakyat all suffering!
It’s the rakyat asing who are ‘suffering’
Ko bukan rakyat Malaysia kan, tiada IC kan
habislah mahal, did they ever think about how those smugglers continue their livings at the border? no they never, they only think about themselves.
kesian smuglers at thailand border, nusantara , and sulu border. dont break their livelihood
We need to stop the leakages. It is made difficult becoz our own Malaysian, the lazy one, chose to sell out our benefits to others
Some one will complaint says last time RM50 can drive 300km.
After BUDI95 only run 250km, now price increase run 220km.
Good that smuggling of petrol and diesel has reduced, mat rempit cannot buy cheap oil because they dont deserve. subsidy which functions similar to cocaine is slowly taken away so that rakyat will work harder.and many many more good things we can see now
in June 2008, the petrol price was increased to RM2.70/l when the brent oil price was beyond USD130/barrel and RM3.24/USD exchange rate
Today, our unsubsidised petrol price is RM2.66/l when the brent oil price is USD64/barrel and RM4.12/USD
shouldn’t it be priced ~RM1.70 instead?
If the current operational costs in the petroleum sector remains the same as that in year 2008, you may have a point there.