KUALA LUMPUR: The price of premium grade petrol RON 97 will be floated according to international oil prices from July.
It is understood that oil companies briefed their retailers this week that there will also be changes to grades of fuel sold at pumps.
Several retailers said the "regular" grade RON 92 fuel would be phased out and a new grade, RON 95, would be introduced, in addition to RON 97.
The retailers said there would be a subsidy on the price of RON 95 fuel used by a majority of cars in Malaysia. more at NST
It is understood that oil companies briefed their retailers this week that there will also be changes to grades of fuel sold at pumps.
Several retailers said the "regular" grade RON 92 fuel would be phased out and a new grade, RON 95, would be introduced, in addition to RON 97.
The retailers said there would be a subsidy on the price of RON 95 fuel used by a majority of cars in Malaysia. more at NST
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