{"id":25107,"date":"2016-07-01T16:26:19","date_gmt":"2016-07-01T08:26:19","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=25107"},"modified":"2018-08-24T00:06:44","modified_gmt":"2018-08-23T16:06:44","slug":"malaysians-to-pay-more-for-fuel-in-july","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/malaysians-to-pay-more-for-fuel-in-july","title":{"rendered":"Malaysians To Pay More For Fuel In July"},"content":{"rendered":"<p>Malaysian motorists will be paying more for fuel as prices rise by 5 sen across the board for the month of July.<\/p>\n<p>Below are the changes from the previous month:<\/p>\n\n<table id=\"tablepress-484\" class=\"tablepress tablepress-id-484\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Types of fuel<br \/>\n\/ Months<\/th><th class=\"column-2\">RON95<br \/>\n(per litre)\t<\/th><th class=\"column-3\">RON97 <br \/>\n(per litre)<\/th><th class=\"column-4\">Diesel <br \/>\n(per litre)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">July<\/td><td class=\"column-2\">RM1.75<\/td><td class=\"column-3\">RM2.10<\/td><td class=\"column-4\">RM1.60<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">June<\/td><td class=\"column-2\">RM1.70<\/td><td class=\"column-3\">RM2.05<\/td><td class=\"column-4\">RM1.55<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-484 from cache -->\n<p>Petron Petrol Dealers Association president Datuk Alang Zari Ishak confirmed the 5 sen hike when contacted, according to <em>The Star<\/em>.<\/p>\n<p>This is the first time that fuel prices have gone up since April this year.<\/p>\n<p>From December 1, 2014, the Domestic Trade, Cooperatives and Consumerism Ministry decided to set prices of petrol and diesel on a managed float system following the removal of fuel subsidies.<\/p>\n<p>Under the managed float system, retail prices of fuel are based on the monthly average world price of crude oil.<\/p>\n<p>Using this system, the average petrol price difference in the cost of the fuels in a month would determine the retail prices for the following month.<\/p>\n<h6>Image source: Autofreaks.com<\/h6>\n<p><em>[<\/em><a href=\"http:\/\/www.thestar.com.my\/news\/nation\/2016\/06\/30\/july-fuel-prices\/\" target=\"_blank\" rel=\"nofollow\"><em>Source<\/em><\/a><em>]<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysian motorists will be paying more for fuel in the month of July.\u00a0<\/p>\n","protected":false},"author":34,"featured_media":25112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[237,216],"tags":[318],"class_list":["post-25107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos","category-news-updates","tag-petrol"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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