Focus

Prices of petrol, diesel remain unchanged

09 Nov 2022 05:20pm
Petrol and diesel will remain unchanged for the week from Nov 10 to Nov 16. - Photo: Sinar Archive
Petrol and diesel will remain unchanged for the week from Nov 10 to Nov 16. - Photo: Sinar Archive
KUALA LUMPUR - The retail prices of RON95 and RON97 petrol and diesel will remain unchanged for the week from Nov 10 to Nov 16.

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 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 both products 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.

"The government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people,” the statement read. - BERNAMA
Related Articles:


MOF
petrol
retail price
More Like This
In Dewan Rakyat yesterday, Anwar explained the government’s new strategy to reduce overseas travel expenses was to invite companies such as Petronas, Proton, and others to participate. - Photo credit: Anwar Ibrahim/Facebook
In Dewan Rakyat yesterday, Anwar explained the government’s new strategy to reduce overseas travel expenses was to invite companies such as Petronas, Proton, and others to participate. - Photo credit: Anwar Ibrahim/Facebook
National Govt saves nearly RM1 million in Anwar's flight cost for visits to five countries - Fahmi
The government still covered the cost for Anwar’s delegation.
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
National Abang Adik wins best film award in Los Angeles
The film’s lead actor, Wu Kang-ren, delivered a standout performance as Abang, earning him the Best Actor Award in the Feature Snow Leopard category.
Photo for illustrative purposes only. Bernama FILE PIX
Photo for illustrative purposes only. Bernama FILE PIX
National Police collect over RM1 million in discounted summonses on first day of 2TM programme
The sum was from payments received from 2,750 visitors who showed up to take up the 60 per cent discount offer by the police.
Selangor FC player Muhammad Faisal Halim - BERNAMA FILE PIX
Selangor FC player Muhammad Faisal Halim - BERNAMA FILE PIX
National Selangor govt yet to receive feedback on progress of Faisal Halim's case
They are still awaiting information for dissemination after an emergency motion to condemn the extreme and violent action against the sportsman was unanimously approved at the previous session.