If you’ve been filling up your tank lately, you’ve probably noticed the sticker shock. RON97 has just hit RM4.55 per liter! 😱 While most of us usually stick to RON95, the ripple effects are huge for Malaysia.
Right now, RON95 is still at RM1.99 per liter, thanks to government subsidies. But here’s the kicker: the monthly subsidy has surged from RM700 million before the war to RM3.2 billion today. That’s a massive jump!
And the price gap between RON97 and subsidized RON95? A whopping RM2.56 per liter. The last time it was this wide was 2022, and what happened back then is a classic pattern: sales of RON97 plummeted by 65% as drivers switched back to RON95 to save money.
Here’s the catch—more people using RON95 means the government has to spend even more on subsidies. So the real question isn’t just whether they can keep prices at RM1.99. It’s whether they can actually sustain it if everyone keeps switching away from RON97.
The silver lining? Malaysia is a net oil and gas exporter, which helps offset some of these costs. That puts us in a stronger position than many countries facing similar price spikes.
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💬 So, have you switched back to RON95 yet because RON97 is too pricey? Comment below!
#RON97 #FuelPrices #MalaysiaEconomy #RON95Subsidy #ShopeePayBonus #DuitRaya
