THE retail prices of RON97 and RON95 petrol and diesel will remain unchanged for the period from January 12-18.

The Finance Ministry, in a statement today, said RON97 will cost RM3.35 per litre; RON95, RM2.05; and diesel, RM2.15.

“To protect consumers from the effects of a rise in global oil prices, the government has maintained RON95 petrol at the ceiling price of RM2.05 per litre and diesel at RM2.15 per litre, although the retail prices of the two products have increased beyond the current ceiling price,” it said.

It said the weekly retail prices are set based on the Automatic Pricing Mechanism formula. – Bernama, January 11, 2023.