Nine-Sen Hike In Price For Diesel; Can You Hear The Groans Already

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PETALING JAYA: The price of diesel has shot up nine sen to RM2.14 per litre from RM2.05, which is bound to cause more hardship for people living in oil-producing Sabah.

The current price of Shell FuelSave Diesel Euro 5 is unknown but it was priced at RM2.25 per litre when it was first launched in February this year.

Already burdened with the high cost of living and the unpopular Goods and Service Tax (GST) Sabahans will have to cough out even more for diesel starting from midnight.

Petrol is also up for the second week of September.

RON95 will be priced at RM2.21 per litre, up 1 sen from RM2.20, while the price of RON97 goes up 4 sen to RM2.52 per litre from RM2.48.

The new prices were announced on Wednesday evening and will take effect from 12.01am on Sept 14 until Sept 20.

The weekly fuel pricing mechanism came into effect in April this year, and the prices of petrol and diesel had been placed on a managed monthly float system since Dec 1, 2014 following the removal of fuel subsidies.