Focus

Prices of petrol, diesel unchanged until Oct 25

18 Oct 2023 05:48pm
The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged.
The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged.

KUALA LUMPUR - The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the Oct 19 to 25 period.

The Finance Ministry (MOF) in a statement today said the price is based on the weekly retail prices of petroleum products in accordance with the Automatic Pricing Mechanism (APM) formula.

"To protect consumers from the increase of global oil price, 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 added.

MOF said the government will continue to monitor the global crude oil price trend and take necessary measures to ensure the continued welfare and well-being of the people. - BERNAMA

Related Articles:
Petrol
Diesel
Prices
Finance Ministry
MOF
More Like This
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
National Key projects make rapid progress, changing Malaysia's transportation landscape
Mammoth projects like the KL Sentral redevelopment, Pan Borneo Highway and the East Coast Rail Link (ECRL) are modernising urban centres and creating transport-oriented development.
Photo for illustration purpose only. - Photo illustrated via Canva
Photo for illustration purpose only. - Photo illustrated via Canva
National UMS: Three decades of excellence in Sabah's higher education and counting
Established on November 24, 1994, UMS has achieved remarkable milestones, including publishing hundreds of high-impact journals and producing groundbreaking innovations and research with some of this work being incorporated into government policies, contributing significantly to Malaysia’s...
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
National Creative ideas using recycled materials generate lucrative income for housewife
Who would have thought that crafting items from discarded materials could generate an income of thousands of ringgit?
Malaysian biker Katiravan Subrayan made his way to the southern part of the globe, travelling through Latin America. - Photo by Bernama
Malaysian biker Katiravan Subrayan made his way to the southern part of the globe, travelling through Latin America. - Photo by Bernama
National Katiravan Subrayan’s endeavour to save the planet takes him to Antarctica
On Nov 12, Katiravan became among the handful of Malaysians who set foot on the icy continent.