Latest news with #PricingMechanism
The Sun
06-08-2025
- Business
- The Sun
RON97 and RON95 prices unchanged, diesel up by 3 sen in Malaysia
KUALA LUMPUR: The retail price of RON97 petrol will stay at RM3.17 per litre from August 7 to August 13. The Ministry of Finance confirmed that RON95 petrol will also remain unchanged at RM2.05 per litre for the same period. Diesel prices in Peninsular Malaysia will rise by three sen, from RM2.91 to RM2.94 per litre. In Sabah, Sarawak, and Labuan, diesel prices will stay at RM2.15 per litre. The weekly fuel pricing follows the government's Automatic Pricing Mechanism formula. 'The government will continue monitoring global crude oil price changes to protect public welfare,' the ministry stated. – Bernama
New Straits Times
16-07-2025
- Business
- New Straits Times
RON97, diesel up by three sen
KUALA LUMPUR: The price of RON97 petrol has increased by three sen to RM3.21 per litre for the July 17 to 23 period. Meanwhile, the price of RON95 remains unchanged at RM2.05 per litre. In a statement today, the Finance Ministry (MOF) also announced that during the same period, the retail price of diesel in Sabah, Sarawak, and Labuan remains at RM2.15 per litre, while in Peninsular Malaysia, it rises by three sen from RM2.88 to RM2.91 per litre. MOF said the price adjustments are based on the weekly retail pricing of petroleum products, using the Automatic Pricing Mechanism formula. "The government continues to monitor market trends and adjust the retail prices of RON97 and diesel in line with global oil price movements, while supporting price stability," the statement read. MOF added that the government will also take appropriate measures to safeguard the welfare and well-being of the people.
