Selangor Journal
Image for illustration purposes only. — Picture by PEXELS

Prices of petrol, diesel remain unchanged

KUALA LUMPUR, Nov 16 — The retail prices of RON95, RON97 and diesel will remain unchanged for the period of November 17 to November 23.

In a statement today, the Finance Ministry said the retail prices of RON97, RON95 and diesel will remain respectively at RM3.95, RM2.05 and RM2.15 a litre.

“To protect consumers from the effects of global price increases of petrol, the government has fixed the ceiling retail price of RON95 at RM2.05 a litre, diesel at RM2.15 even though the retail prices of RON95 and diesel have risen above the set ceiling prices,” said the statement.

The price setting is based on the weekly retail price of petroleum products using the Automatic Pricing Mechanism (APM) formula.

— Bernama

Top Picks

French PM warns of fresh Covid-19 wave in France

Editor Selangor Journal

Ringgit opens almost flat vs US dollar

Editor Selangor Journal

Kelantan football legend Hashim Mustapha passes away

Editor Selangor Journal