Prices for RON95 and diesel to be determined by float system

By Zuhrin Azam Ahmad and Tashny Sukumaran

Fuelling up: Under the managed float, retail prices would be based on the monthly average world price of crude oil.

PUTRAJAYA: The retail price for RON95 petrol and diesel will be fixed on a managed float system from Dec 1, effectively marking the removal of all fuel subsidies.

Under the managed float, similar to that now used for RON97, retail prices would be based on the monthly average world price of crude oil.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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