KUALA LUMPUR: The retail price for petrol RON95 and RON97, as well as for diesel, will remain the same at RM2.05, RM2.60 and RM2.15 per liter respectively for the period from 13 to 19 May.
The Ministry of Finance, in a statement, said that prices are based on the weekly retail pricing of petroleum products, using the formula of the Automatic Pricing Mechanism (APM). ).
“To protect consumers from global oil price increases, the government has maintained the maximum price of RON95 at RM2.05 per liter and diesel at RM2.15 per liter, even though The APM market for RON95 and diesel has risen beyond the current price limit, ”the statement said.
He also said the government will continue to monitor global crude oil price trends and take appropriate measures to ensure the well-being and continued well-being of the people. – Mentioned