news

RON97, RON95 and diesel retail prices remain unchanged from March 4-10

KUALA LUMPUR (March 3): The retail prices of RON97, RON 95 petrol and diesel will remain unchanged for the period of March 4 to 10, with each still priced at RM2.35, RM2.05 and RM2.15 per litre respectively.

The Finance Ministry, in a statement today, said this is based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula.

"To protect consumers from the effects of rising oil prices in the global market, the government will maintain the ceiling price of RM2.05 per litre for RON95 petrol and RM2.15 per litre for diesel although the APM retail price for RON95 and diesel had risen by more than 10 sen compared to the stipulated ceiling price,” it said.

It added that the government would continue to monitor the impact of changes in the world crude oil prices and take appropriate measures to ensure that the welfare and well-being of the people continue to be maintained.

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. RON97 up two sen; RON95, diesel unchanged
  2. RON97 up two sen; RON95, diesel unchanged
  3. RON97 up three sen; RON95, diesel unchanged