12/27/2023 | Press release | Distributed by Public on 12/27/2023 03:13
Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 28 December 2023 to 3 January 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
27 December 2023