Petrol and diesel prices will remain unchanged until 12 June

KUALA LUMPUR – The retail price of RON97 petrol and RON95 diesel, as well as the respective RM2.05 per litre and RM2.15 for each, will remain at RM3.47 from June 6 to 12.

In a statement released on Wednesday, June 5, the Finance Ministry said that the prices are based on weekly retail petroleum product pricing using the Automatic Pricing Mechanism Formula.

The Finance Ministry released a statement that stated, “To protect consumers against the rise in global oil prices, the government will keep the ceiling price at RM2.05 for RON95 and RM2.15 for diesel from 6-12 June even though the market price has risen beyond the ceiling price currently set.”

According to the Finance Ministry the government will continue to monitor global crude oil prices trends and take the appropriate measures to ensure that the welfare and well-being for the people is maintained.

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