Yes folks, the time has finally come. Or will come, to be more precise. Subsidies for RON 95 and diesel fuels will end from December 1 onwards, according to the Domestic Trade, Cooperatives and Consumerism Minister Datuk Hasan Malek in a report by The Star.
When that happens, the pricing structure for unsubsidised RON 95 and diesel fuels will switch to a floating system that is similar to how RON 97 price is currently managed. Just a few days ago, RON 97 dropped 20 sen to RM2.55 per litre.
Based on the table above (which is displayed at all petrol stations), the prices of RON 95 and diesel, excluding Government subsidies, are RM2.43 and RM2.32 per litre, respectively.
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