news

RON97 up two sen; RON95, diesel unchanged

KUALA LUMPUR (April 7): The retail petrol price for RON97 will go up by two sen per litre while the retail prices for RON95 and diesel will remain unchanged at RM2.05 and RM2.15 per litre respectively for the period of April 8 to 14.

The new retail price for RON97 is RM2.54 per litre, the Finance Ministry said in a statement today.

It said the new prices are based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula.

“To protect consumers from global oil price increases, the government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre, even though the APM market prices for RON95 and diesel have increased beyond the current ceiling prices,” the statement said.

It added that the government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people.

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 three sen; RON95, diesel unchanged
  3. Govt subsidising almost 30 sen per litre for RON95, diesel - Muhyiddin