Malaysia
Finance Ministry: Retail prices of RON95, diesel unchanged, RON97 up one sen
Generic picture of petrol pump at the petrol station taken December 27, 2018. u00e2u20acu201d Picture by Ahmad Zamzahuri

KUALA LUMPUR, Sept 8 — The retail prices of diesel and RON95 petrol will remain unchanged at RM2.15 and RM2.05 per litre from tomorrow to September 15, while the retail price of RON97 petrol to go up by one sen per litre from RM2.72 to RM2.73.

Ministry of Finance in a statement today said the prices were fixed based on the weekly retail pricing of petroleum products using the Automated Pricing Mechanism formula.

"To protect the consumers from global oil price increases, the government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre, even though the market price for RON95 and diesel has increased beyond the current ceiling price.

"The government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and wellbeing of the people,” it said. — Bernama

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