Fuel prices in Malaysia to go up at midnight by 10 Malaysian cents

Malaysia's fuel prices will go up at midnight by 10 Malaysian cents across the board. -- PHOTO: BLOOMBERG
Malaysia's fuel prices will go up at midnight by 10 Malaysian cents across the board. -- PHOTO: BLOOMBERG

PETALING JAYA (THE STAR/ASIA NEWS NETWOR) - Malaysia's fuel prices will go up at midnight by 10 Malaysian cents across the board.

An announcement on the Domestic Trade, Cooperative and Consumerism Ministry website said RON 95 petrol and diesel would be priced at RM2.05 (75 Singapore cents) a litre in June, up from RM1.95 in May.

RON 97 fuel will cost RM2.35 per litre inclusive of the Goods and Service Tax, up from RM2.25 last month.

When contacted, Minister Datuk Seri Hasan Malek confirmed the fuel price hike.

This follows the Ministry's decision to set the market prices of petrol and diesel on a managed float, starting from Dec 1 last year.