KUALA LUMPUR: The retail prices of RON97 petrol and diesel in Peninsular Malaysia will be increased by 7sen per litre from June 26 to July 2.
The Finance Ministry, in a statement Wednesday (June 25) said the retail price of RON97 would increase to RM3.21 per litre nationwide while the retail price of diesel would go up 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 also remain at RM2.05 per litre 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.
