Fuel prices Jan 4 – 10: Unchanged across the board

by

KUALA LUMPUR The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively, from Jan 4 to Jan 10.

The Finance Ministry, in a statement on Wednesday (Jan 3), said the prices were fixed based on the weekly retail price of petroleum products using the Automatic Pricing Mechanism (APM) formula.

“To protect consumers from the increase in price globally, the government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre, even though the market price for both products has increased beyond the current ceiling price,” it said.

The statement said the Government will continue to monitor the trend of global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people.

Read original article here

Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment