The price of petrol will go up by 20 sen per litre effective in the month of July.
RON95 petrol will increase by 10 sen per litre while RON97 petrol will increase by 20 sen per litre. Petron Petrol Dealers Association’s president Datuk Alang Zari Isha also stated that the prices include the Goods and Service Tax (GST).
RON95 petrol is now priced at RM2.15 per litre while RON97 petrol is priced at RM2.55 per litre.
The price of diesel remains unaltered as it will still be priced at RM2.05 per litre. According to the Domestic Trade, Cooperatives, and Consumerism Ministry, the government decided to reduce the current fuel subsidy by 20sen in keeping with its subsidy rationalisation plan. Azlan Zani alo stated, “We have received word of an increase effective midnight”.
He added:
We do not know if there will be a rush to the petrol station due to the fasting month, otherwise drivers will surely be rushing to the petrol station.
Meanwhile, Minister Datuk Seri Hasan Malek stated that they will no longer make monthly announcements regarding the fuel price. He said, “We have decided to stop the practice of announcing the prices on the last day of the month. From now, motorists will only know the prices at midnight“.
Source: The Star Online
