RON97 goes up 2 sen at midnight

The government will spend RM55.48 million in subsidies to rein in the price of fuel for the coming week.

PETALING JAYA: The price of RON97 will increase 2 sen, beginning midnight.

RON97 will sell at RM2.51 per litre until Aug 30. For the last two weeks, it was priced at RM2.49 per litre.

The price of RON95 remains at RM2.08 per litre and diesel at RM2.18 per litre.

The government has been subsidising fuel prices to alleviate the cost of living of the people and to stabilise prices, the finance ministry said.

It will spend RM55.48 million in subsidies to rein in the price of fuel for the coming seven-day period.