KUALA LUMPUR, Aug 28 — RON97 and diesel in Peninsular Malaysia will drop five sen to RM3.42 and RM3.18 per litre, respectively, until September 4.
The Finance Ministry (MOF) in a statement today said the price reduction for RON97 and diesel is in line with lower global crude oil prices.
“The government will continue to monitor market developments and adjust the diesel fuel’s retail price based on global oil market fluctuations, while supporting price stability,” it said.
However, the statement said RON95 petrol will remain at RM2.15 per litre, while diesel in Sabah, Sarawak and Labuan will remain unchanged at RM2.15 per litre.
The prices are based on the weekly retail pricing of petroleum products setting using the Automatic Pricing Mechanism.
— Bernama
