KUALA LUMPUR: The retail prices of RON97 petrol and diesel in Peninsular Malaysia will drop by 10sen from April 17 to 23.
The Finance Ministry, in a statement Wednesday (April 16) said the retail price of RON97 would drop to RM3.18 per litre nationwide while the retail price of diesel would drop to RM2.88 per litre in the peninsula.
The price of diesel would, however, remain at RM2.15 per litre in Sabah, Sarawak, and Labuan over the same period.
RON95 petrol would remain at RM2.05 per litre, respectively, nationwide.
It said the prices were set based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism formula.
"The government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people," it added.
