The retail price of RON95 and RON97 petrol will go up by five sen per litre while that of diesel, up by three sen per litre for one week period starting midnight tonight.
According to a statement from the Ministry of Finance, based on the weekly retail pricing of petroleum products using the Automated Price Mechanism (APM) formula, the new price per litre for RON95 is (RM2.08), RON97 (RM1.78), and diesel (RM1.96).
It said the government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and wellbeing of the people.
Sources: MOF