Fuel prices June 1-7: RON97 petrol up two sen, RON95, diesel unchanged

KUALA LUMPUR: The retail price of RON97 Petrol will increase by two sen per litre from RM3.35 to RM3.37 for the June 1 to 7 period.

The Finance Ministry in a statement on Wednesday (May 31) said the retail prices of RON95 and diesel remain unchanged at RM 2.05 per litre and RM 2.15 per litre respectively.

"To protect the consumers from the increase of global oil price, 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 weekly retail prices were set based on the Automatic Pricing Mechanism (APM) formula.

It said the government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the welfare and well-being of the people continue to be protected. – Bernama

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Petrol , RON97 , RON95 , Diesel , Fuel Prices


Next In Nation

Cabinet reshuffle may be on the cards, says Ahmad Zahid
MACC must be free from executive influence, says PM
Revenue rights: No valid reason to withdraw lawsuit against govt, says Henrynus Amin
Rabies: Govt targets vaccinating 40,000 pets in Sarawak this year
RM1.9mil to rebuild burnt down SK Tok Kandu, says PM
Bus catches fire in PJ, passengers and driver escape unharmed
Home Ministry vetting over 9,000 citizenship applications, says Saifuddin
Body of missing Indian tourist airlifted from Gunung Jasar
PM's prerogative to decide on cabinet reshuffle, says Johari
Ensure workers don’t resort to slash-and-burn methods, Lee tells M’sian firms operating in Indonesia

Others Also Read