New Fuel Prices Per Litre RON95 -RM 2.26 And RON97 -RM 2.46 Effective 1st December - 1 views
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Stamenkovic A on 30 Nov 14IN Kuala Lumpur the price of RON95 petrol for the month of December is likely to be reduced by four sen, and for the same period, RON97 is expected to cost RM2.46 after the government agreed to lower its price by nine sen. On Nov 21, the government announced that fuel subsidies for RON95 and diesel would be removed from Dec 1. The decrease in the fuel price will benefit the people since, if fuel subsidies lead to an increase in prices, the price of express bus tickets should also be reduced when there is a drop in oil price. Federation of Malaysian Consumer Associations vice-president Mohd Yusof Abdul Rahman said money saved from the removal of subsidies could be used to upgrade the public transport system.