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
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
National KPN achieves outstanding performance with over 300 impactful programmes
By SINAR DAILY REPORTER
22 Nov 2024 12:11pm
The ministry’s strategic efforts have successfully maintained the existing harmony and well-being of the nation.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
National UPNM cadet officer charged with injuring junior, stomping on him with spike boots
He was charged under Section 323 of the Penal Code, which carries a maximum sentence of one-year imprisonment, a fine of up to RM2,000, or both, upon conviction.
The decision to extend the Friday prayer break to two hours for Johor's private sector is expected to enhance worker productivity while maintaining smooth business operations. Illustrative picture.
The decision to extend the Friday prayer break to two hours for Johor's private sector is expected to enhance worker productivity while maintaining smooth business operations. Illustrative picture.
National Two-hour Friday prayer break in Johor seen as a boost to worker productivity
By RAIHAM MOHD SANUSI
22 Nov 2024 09:47am
The move aligns with human nature, where employees who are treated well would be happier and consequently perform better at work.
The victims were pronounced dead at the scene. Small photo (Rusdi)
The victims were pronounced dead at the scene. Small photo (Rusdi)
National Three dead, one-year-old baby survives in Duke highway crash
A one-year-old baby boy survived and has been taken to Selayang Hospital for further treatment.