Focus

Prices of petrol, diesel remain unchanged

16 Nov 2022 05:48pm
Photo for illustration purposes only.
Photo for illustration purposes only.
KUALA LUMPUR - The retail prices of RON95, RON97 and diesel will remain unchanged for the period of Nov 17 to 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.

"The government will continue to monitor the impact of changes in world crude oil prices and take appropriate measures to ensure the welfare and well-being of the people continue to be maintained," according to the statement. - BERNAMA

Finance Ministry
RON95
RON97
diesel
petrol prices
unchanged
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.