THE retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the November 16-22 period.
The Finance Ministry, in a statement today, said the prices were fixed based on the weekly retail prices of petroleum products, under the Automatic Pricing Mechanism.
“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, although the market price for both products has increased beyond the current ceiling price,” it said. – Bernama, November 15, 2023.
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