Malaysia

RON95, RON97 each go up by one sen, diesel up five sen

The government says it would continue to monitor the fluctuation of global crude oil prices

Updated 5 years ago · Published on 16 Oct 2020 5:04PM

RON95, RON97 each go up by one sen, diesel up five sen — Prices had gone down the week prior. – The Vibes pic, October 16, 2020

KUALA LUMPUR – The prices for RON97, RON95 are going up by one sen each, while the price of diesel will go up by five sen, for the week of October 17-23, according to the Finance Ministry's statement today.

The new price per litre for RON95 is RM1.68, RON97 (RM1.98) and diesel is (RM1.74).

The prices were set using the Automatic Pricing Mechanism formula, based on the weekly retail prices of petroleum products.

"The government will continue to monitor global crude oil price changes and take appropriate measures to ensure the welfare and well-being of the people continue to be protected," the statement added. – The Vibes, October 16, 2020

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