Wednesday, November 19, 2014

Petrol RON97 now down by 20 sen - 19 November 2014

Good news for those who use RON97 petrol because it now is less by 20 sen a litre starting midnight last night. It is now at RM2.55 a litre.

The last price change of the premium petrol was in September, where it had increased by 15 sen.

The retail price of RON97 petrol is determined by a 'managed float' in which the price changes according to the market. And this price decrease of 20 sen is in line with the current crude oil price in the market which is at around USD80 a barrel, I believe.

RON95 petrol is currently at RM2.30 per litre while diesel costs RM2.20 per litre. These prices came into effect on 2 October, last month.

Image source: The Star

4 comments:

  1. blink blink...i got read correctly or not??? very good news if drop price

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    Replies
    1. True one, "Chan chee toh moh kum chan." LOL! Hope it stays like this longer, eh?

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  2. Princess using Ron95..

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    Replies
    1. So RON95 is good enough for the royal pumpkin carriage. :D

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