Malaysia

RON97 price up nine sen; RON95, diesel unchanged

Govt will continue to monitor trend of global crude oil prices, says MoF

Updated 5 years ago · Published on 03 Nov 2021 8:49PM

RON97 price up nine sen; RON95, diesel unchanged
The maintained prices of RON95 petrol and diesel are aimed at protecting consumers from the effects of global oil price increases, according to the Finance Ministry. – The Vibes file pic, November 3, 2021 

KUALA LUMPUR – The retail price of RON97 petrol will increase by nine sen per litre to RM3.06 from tomorrow till November 10, according to the Finance Ministry.

In a statement today, it said the retail price of RON95 petrol and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively, during the same period.

“The government has maintained the retail price of RON95 petrol at the ceiling price of RM2.05 per litre and diesel at RM2.15 per litre, even though the actual market price for both products has increased above the ceiling price set,” it said.

According to the statement, the move is aimed at protecting consumers from the effects of global oil price increases.

The statement also said the government will continue to monitor the trend of global crude oil prices, and take appropriate measures to ensure the continued welfare and well-being of the people. – Bernama, November 3, 2021 

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