This is the fifth time the price of RON97 grade petrol had been increased in less than a year, and the second time this year since Jan 31.
RON97 used to cost RM2.10 per litre in July, 2010.
This grade of petrol - mostly used by higher performing vehicles - is priced through a managed float.
The lower RON95 grade petrol has remained at RM1.90 per litre.
The federal government has argued that fuel prices needs to be "rationalised" from time to time to curb burgeoning fuel subsidies.
Opponents argue that fuel prices must not be raised drastically to manage inflation and that the government can handle its deficit by tackling graft and plugging leakages.
With instability continuing in the Middle East, analysts believe that global oil prices to hover around US$100 per barrel for the rest of the year.
This is expected to result in further price hikes in the months to come.
Meanwhile, Petroleum Dealers Association of Malaysia (PDAM) deputy president Zulkifli Mokti said the increase was due to the rise in the price of crude oil to US$114 per drum this week from US$105.
“This is due to the crisis in the Middle East," he said when contacted by Bernama tonight.
Zulkifli said the price was likely to increase in the future due to the situation in the Middle East, which he added could be prolonged.
“This is due to the crisis in the Middle East," he said when contacted by Bernama tonight.
Zulkifli said the price was likely to increase in the future due to the situation in the Middle East, which he added could be prolonged.
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