KUALA LUMPUR, Oct 19 — The retail price of RON95 and RON97 petrol and diesel will remain unchanged for the week from October 20 to October 26.
The Finance Ministry (MOF), in a statement today, said the retail price of RON97, RON95 and diesel would remain at RM3.95, RM2.05 and RM2.15 per litre, respectively.
To protect consumers from the global oil price increase, the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre will be maintained, even though the market price for RON95 and diesel has increased beyond the current ceiling price, it said.
The prices were set based on the weekly retail prices of petroleum products using the Automatic Pricing Mechanism formula.
— Bernama
