RON97 fuel – RM2.90 per liter as of 5th May 2011

According to Malaysiakini, the price of RON97 fuel will be increased to RM2.90 per liter at midnight today, up 20 sen from the previous price of RM2.70 which was on the 1st of April 2011.

If this trend continues, the price of RON97 would probably hit over RM3.00 per liter by the end of the year. This is the fifth monthly increase in a row since December last year. The margin of increase has also been going up, with the first three hikes being only 10 sen, with subsequent increases being 20 sen.

RON95 and diesel remains unchanged for now.

© 2011 Paul Tan's Automotive News. All Rights Reserved.

This story originally appeared on Paul Tan's Automotive News on Wed, 04 May 11 12:18:55 +0000.

Related posts:

1. RON97 price – RM2.30 per liter from 1st December 2010
2. RM2 for a liter of RON97 from 1st September!
3. RON97 petrol price increased to RM2.15 per liter
4. RON97 petrol up 10 sen to RM2.50 per liter tonight?

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