On 2 April 2011,
the price of Ron 97 rose 20 sen a litre to RM2.70/litre. This makes it the
third times increase in year 2011 where10 sen increase to RM2.40 per litre on 5
Jan, 2011 and another 10 sen to RM2.50 on 1 Feb, 2011. The price setting of Ron
97 is determined by the market float of crude oil price and thus it accounted
rapid changes.
Ron 95 remains
at RM1.90/litre since 4 December 2010 and Diesel remains at Rm1.75 since 16
July 2010. Ron 95 is controlled and subsidized by the government. Thus, Ron 95
accounted least price variances while compared to Ron 97. Ron 95 was introduced
by the government in 2009 to mitigate the rakyat from the impact of fuel
price’s increases.