Latest news with #AutomaticPricingMechanism
The Star
4 days ago
- Business
- The Star
Fuel prices Aug 7-Aug 13: RON95, RON97 unchanged, diesel up by three sen
PETALING JAYA: The retail price of RON95 and RON97 petrol will remain at RM2.05 per litre and RM3.17 per litre, respectively, from Aug 7 to Aug 13. In a statement on Wednesday (Aug 6), the Finance Ministry said the retail price of diesel in Peninsular Malaysia will increase by three sen per litre, from RM2.91 to RM2.94, while the retail price of diesel in Sabah, Sarawak, and Labuan will remain at RM2.15 per litre. The Finance Ministry 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 global oil price trends and take appropriate measures to safeguard the welfare and well-being of the people," the statement said.
New Straits Times
30-07-2025
- Business
- New Straits Times
RON97 drops to RM3.17, RON95 and diesel unchanged
KUALA LUMPUR: The retail price of RON97 petrol has been reduced by four sen to RM3.17 per litre for the period July 31 to Aug 6. In a statement today, the Finance Ministry (MoF) said the retail price of RON95 petrol remained unchanged at RM2.05 per litre, while diesel prices also remained unchanged throughout the country - at RM2.15 per litre in Sabah, Sarawak and Labuan, and RM2.91 per litre in the peninsula. MOF said the prices were set based on the weekly retail pricing of petroleum products, using the Automatic Pricing Mechanism (APM) formula. "The government will continue to monitor global oil price trends and take appropriate measures to safeguard the welfare and well-being of the people," the statement said. – BERNAMA
The Sun
30-07-2025
- Automotive
- The Sun
RON97 price drops four sen, RON95 and diesel unchanged in Malaysia
KUALA LUMPUR: The retail price of RON97 petrol has decreased by four sen to RM3.17 per litre for the week starting July 31. The Ministry of Finance confirmed the adjustment, while RON95 and diesel prices remain unchanged. RON95 petrol stays at RM2.05 per litre, and diesel prices are maintained at RM2.15 per litre in Sabah, Sarawak, and Labuan, and RM2.91 per litre in Peninsular Malaysia. The pricing follows the Automatic Pricing Mechanism (APM) formula, which adjusts fuel costs weekly based on global market trends. 'The government will continue to monitor global oil price trends and take appropriate measures to safeguard the welfare and well-being of the people,' the ministry stated. - Bernama
The Star
30-07-2025
- Business
- The Star
RON97 price down four sen, RON95 and diesel unchanged
KUALA LUMPUR: The retail price of RON97 petrol has been reduced by four sen to RM3.17 per litre for the period July 31 to Aug 6. In a statement Wednesday (July 30), the Finance Ministry said the retail price of RON95 petrol remains unchanged at RM2.05 per litre, while diesel prices also remain unchanged throughout the country - at RM2.15 per litre in Sabah, Sarawak and Labuan, and RM2.91 per litre in the peninsula. The Finance Ministry 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 global oil price trends and take appropriate measures to safeguard the welfare and well-being of the people," the statement said. - Bernama
Barnama
30-07-2025
- Business
- Barnama
RON97 Price Down Four Sen, RON95 And Diesel Unchanged
KUALA LUMPUR, July 30 (Bernama) -- The retail price of RON97 petrol has been reduced by four sen to RM3.17 per litre for the period July 31 to Aug 6. In a statement today, the Ministry of Finance (MOF) said the retail price of RON95 petrol remains unchanged at RM2.05 per litre, while diesel prices also remain unchanged throughout the country - at RM2.15 per litre in Sabah, Sarawak and Labuan, and RM2.91 per litre in the peninsula. MOF said the prices were set based on the weekly retail pricing of petroleum products, using the Automatic Pricing Mechanism (APM) formula.
