Home Automotive Petron Blaze RON100 petrol now priced at RM5, Shell V-Energy Racing at RM6.10 per litre in Malaysia

Petron Blaze RON100 petrol now priced at RM5, Shell V-Energy Racing at RM6.10 per litre in Malaysia

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Petron Blaze RON100 petrol now priced at RM5, Shell V-Energy Racing at RM6.10 per litre in Malaysia

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Petron Blaze RON100 petrol now priced at RM5, Shell V-Power Racing at RM6.10 per litre in Malaysia

In Could 2022, we ran a narrative highlighting the worth of unregulated gas within the nation, which had climbed in relation to the retail worth of RON 97 petrol reaching a then stratospheric RM4.70 per litre (it was to finally climb to RM4.84 per litre in June that yr). Issues have after all improved considerably for the latter, with the gas now at RM3.47 per litre in February 2024, its worth having remained as such for the reason that finish of December 2023.

Again then, the particular unregulated Euro 4M fuels, Petron’s Blaze 100 and Shell’s V-Energy Racing, went for RM5.60 and RM6.20 per litre respectively, costs that that absolutely would have seen just a few die-hards persevering with to make use of them. Quick ahead almost two years in, and issues look fairly the identical with reference to their pricing. Each fuels have at all times had a marked worth premium over RON 97, and that is adjusted relative to the rise or drop within the worth of RON 97.

Within the present weekly gas replace (for February 15-21, 2023), Petron’s Blaze 100 goes for RM5.00 per litre, whereas Shell’s V-Energy is presently priced at RM6.10 per litre. The Blaze 100 worth is a marginal improve from the RM4.90 it has been at for the previous few months, as indicated by the historical past of the value tracker on our website.

Petron Blaze RON100 petrol now priced at RM5, Shell V-Power Racing at RM6.10 per litre in Malaysia

As for V-Energy Racing, issues have typically hovered across the RM6 plus area for the reason that particular gas had a 60 sen hike from RM5.80 to RM6.40 per litre on the finish of December final yr. On condition that the pricing of each have continued to remain at these worth ranges, one actually wonders what number of are literally utilizing the gas (as a Blaze 100 person for one in all my automobiles, I’ve lengthy given up).

With crude oil costs having dropped since these heady days of mid-2022, and now typically stabilised, some would possibly query why Blaze 100 and V-Energy Racing are nonetheless priced as excessive as they’re. Whereas being particular unregulated fuels imply that their pricing may be just about outlined by their producers, the efficiency of our Ringgit in relation to international change probably has fairly a bit to do with that. It’s not precisely good going for our forex by way of conducting commerce, and never only for oil, we determine.

So, almost two years on, we’re curious to know if any reader remains to be utilizing these two unregulated fuels. If you’re, share your ideas on why with us. By the way, we don’t count on their costs to range by a lot when blanket gas subsidies are eliminated and the focused gas subsidy mechanism – which is able to current a very completely different state of affairs involving a broad spectrum of customers – is launched within the second half of this yr. Then once more, you by no means know.

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