Although the petrol price went up 78 sen a litre, a hike of 40% but is still the cheapest in Asia.
Prime Minister Datuk Seri Abdullah Ahmad Badawi on Wednesday announced that the new price for premium leaded petrol (ULG 97) is RM2.70 per litre went up by 78 sen, the price for ULG 92 petrol per litre went up by 74 sen to RM2.62. effective midnight tonight.
The price went up by 78 sen from the current RM1.92, a hike of 40%. The price of diesel increased by RM1 from RM1.58 to RM2.58.
The 78 sen hike or 40 per cent increase for the ULG 97 petrol is still below the anticipated RM4 per litre price projected earlier and is still the cheapest in Asia.
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