Business

Petrol, diesel prices remain unchanged: MoF

RON97, RON95 stay at RM3.95, RM2.05 per litre respectively 

Updated 4 years ago · Published on 12 Oct 2022 5:27PM

Petrol, diesel prices remain unchanged: MoF
The prices of RON 97 petrol, RON 95 petrol and diesel will remain unchanged from October 13 to 19, 2022, according to the Finance Ministry’s statement today. – The Vibes file pic, October 12, 2022

KUALA LUMPUR – The prices of RON97 petrol, RON95 petrol and diesel will remain unchanged from October 13 to 19, 2022 said the Finance Ministry in a statement today.

According to the statement today, RON97 petrol will be retailed at RM3.95 per litre, RON95 remains at RM2.05 per litre and diesel price stays at RM2.15 per litre.

To protect consumers from the global oil price increase, 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 prices are set through the Automated Pricing Mechanism.

“The government would continue to monitor trends in global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people,” said the statement. – Bernama, October 12, 2022

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