KUALA LUMPUR, Aug 13 — The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by four sen, now set at RM3.13 and RM2.90 per litre respectively, for August 14 to August 20.
The Finance Ministry (MOF) announced that during the same period, the retail price of diesel will remain at RM2.15 per litre in Sabah, Sarawak, and Labuan.
The retail price of RON95 petrol will remain at RM2.05 per litre.
It said the price adjustments are based on the weekly retail pricing of petroleum products, using the Automatic Pricing Mechanism (APM) formula.
“The government will continue to monitor global oil price trends and take appropriate measures to safeguard the welfare and well-being of the people,” MOF said in a statement today.
