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Ministry of Finance of Malaysia

10/16/2020 | Press release | Distributed by Public on 10/16/2020 03:44

Media Release - Retail Price of Petroleum Products For The Period of 17 October until 23 October 2020

MINISTRY OF FINANCE MALAYSIA

RETAIL PRICE OF PETROLEUM PRODUCTS FOR THE PERIOD OF 17 OCTOBER 2020 UNTIL 23 OCTOBER 2020

Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products for the period 16 October 2020 until 23 October 2020 are fixed as follows:

  1. the retail price of the RON97 petrol is increased by 1 sen from RM1.97 to RM1.98 per litre;
  2. the retail price of RON95 petrol is increased by 1 sen from RM1.67 to RM1.68 per litre; and
  3. the retail price of diesel is increased by 5 sen from RM1.69 per litre to RM1.74 per litre.

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.

Ministry of Finance Malaysia
Putrajaya
16 October 2020