Fuel prices Sept 29 to Oct 5: RON97 down five sen to RM4 per litre


KUALA LUMPUR: The retail prices of RON97 petrol will drop five sen per litre while diesel and RON95 remain unchanged from Sept 29 to Oct 5.

The Finance Ministry, in a statement Wednesday (Sept 28), said the price of RON97 will drop from RM4.05 to RM4 per litre.

To protect consumers from the effects of global oil price hikes, the government has maintained RON95 at the ceiling price of RM2.05 per litre and diesel at RM2.15 per litre although the actual market prices of the two products have exceeded the set ceiling prices, it said.

The prices were set based on the weekly retail prices of petroleum products using the Automatic Pricing Mechanism formula.

"The government will continue to monitor the effects of changes in global crude oil prices and take suitable steps to ensure the continued welfare and well-being of the people," read the statement. – Bernama

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Fuel Prices , RON97 , RON95 , Petrol , Diesel , Finance Ministry

   

Next In Nation

Sarawak assembly unanimously passes 2023 budget with RM238mil surplus
Top cops pay courtesy call on PM Anwar
Civil servants in Sarawak to get special incentive payment
Sarawak govt to double allocation for houses of worship, mission schools
Johor to set up committee on inter-religious harmony
Sabah's record RM5.138bil budget passed unanimously, tacit endorsement of CM
Sarawak allocates almost RM800mil for basic infrastructure in 2023
Terengganu state assembly approves 2023 Budget
Ex-AIAC director fails to get leave for contempt proceedings against Tommy Thomas
Sabah will get its 40% net revenue despite interim payment, says Hajiji

Others Also Read