02/07/2024 | Press release | Distributed by Public on 02/07/2024 04:09
Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 8 February 2024 to 14 February 2024 are fixed as follows:
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, even though the market price for both products has increased beyond the current ceiling price.
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
Putrajaya
7 February 2024