KUALA LUMPUR: The retail price of RON97 petrol will drop by 5sen to RM3.28 per litre while diesel in Peninsular Malaysia will also be five sen cheaper at RM2.98 per litre from April 10 until April 16.
In a statement on Wednesday (April 9), the Finance Ministry said the retail price of RON95 petrol would remain unchanged at RM2.05 per litre while that of diesel in Sabah, Sarawak and Labuan would stay at RM2.15 per litre for the same period.
The ministry said the prices were set using the Automatic Pricing Mechanism formula, based on the weekly retail pricing of petroleum products.
"The government will continue to monitor market developments and adjust the RON97 and diesel retail prices based on global oil market fluctuations, whilst supporting price stability," the statement said.
The ministry said the government would continue to take appropriate measures to ensure the welfare and well-being of the people remain safeguarded. – Bernama
