KUALA LUMPUR, March 5 — The retail prices of RON97 petrol and diesel in Peninsular Malaysia will be reduced by five sen each to RM3.38 and RM3.13 per litre, respectively, from tomorrow to March 12.
In a statement today, the Finance Ministry (MOF) said the prices were set based on changes in crude oil prices.
“The government will continue to monitor market developments and streamline retail fuel prices by considering oil price movements and supporting price stability,” the statement said.
RON95 prices are unchanged at RM2.05 per litre, while diesel in Sabah, Sarawak and Labuan remains at RM2.15 per litre.
MOF said the government will monitor the impact of global crude oil prices and take measures to ensure the welfare and well-being of the people.
— Bernama
