If you are using RON 97 petrol, then you need to pay extra 20 cents to RM 2.70 per litre effective midnight of April 1, 2011. Luckily, the price of RON 95 is remaining the same at RM 1.90 per litre else more Malaysia citizens will suffer.
Last year, our government had announced that the price of RON 97 will be based on the international oil market without subsidiary. Based on current oil prices, we know that the global oil price was increased to US$114 per barrel. I still remember the previous highest RON97 price is at RM 2.70 in year 2008, when global oil prices hit a record high of US$121 per barrel.