Petrol Price Up Again at Midnight: RON 95 to Cost RM2.30 per Litre

Just as we're talking about more changes to the fuel subsisdy structure - the government drops another bomb. Price of RON 95 fuel will increase by RM0.20 to RM2.30 per litre.

We were tempted to just copy and paste the entire article from September 2013 about the price rise that happened then (interesting how these increases are perfectly timed just before the Budget announcement) onto this post as it would probably serve our purposes for the most part. But then we didn't because we're hardworking that way. Anyway,this just in: petrol prices set to go up RM0.20 at midnight; people crowding kiosks; more 'love' letters to the  government and just all around grumbling. 

There really isn't much to say. Bad news is better made in few words.

The new prices for RON95 will be RM2.30 per litre while diesel fuel will cost RM2.20 per litre; raised RM0.20 from RM2.10 for RON 95 and RM2.00 for diesel fuel respectively.

The current unsubsidised market price for RON95 is RM2.58 per litre while diesel is RM2.52 per litre.

The increase was announced by the Prime Minister's Department on Wednesday, 1 October 2014 as reported by the Star and other Malaysian dailies.

All this writer can say is that after two years of saving hard whilst I took the KTM/LRT combo to work everyday, and being stuck in a stalled tram at least once a week, I was finally able afford a downpayment on a car – there are few things less scary to me than going back to our city's less than perfect public transport again.

“This move is in line with the subsidy rationalisation plan by the government to ensure that the country’s finance remain strong,” the Ministry said in a statement on Wednesday. 


Agree or disagree with this post? Questions? You also have your word!

  • Nurul

    I think the new and old prices are reversed... unfortunately :(

    • walaneh

      walan eh, rise rise rise how to eat la, 20 sen 20 sen per liter, 10 litre rm2! wtf

      • Susan

        Then government should cut the petronas staff, ceo, coo Bonus and salary too. Too save more country money!

        • Chan Chee Ming

          My full tank today was RM140... WTF

          • pinkmartini

            Full tank for the rest of the week.

            • hulahoop

              The country's finance remains strong? Not when there are leakages.. and financial mismanagement :O

              • Ali Baba

                Haiz....I think the sugar, milk, food, cloth, ... price will increase soon.

                • Najibie

                  Does this mean public transportation costs would go up soon as well?

                  • Aaron Lee

                    AIYO NOT AGAIN. WALLET PAIN LAH