Retail price of RON97 petrol down 10 sen, diesel drops 7 sen in Peninsular Malaysia

MOF says fuel prices adjusted based on market trends, RON95 and diesel in East Malaysia unchanged

6:15 PM MYT

 

KUALA LUMPUR – The retail price of RON97 petrol will decrease by 10 sen to RM3.28 per litre, while diesel in Peninsular Malaysia will drop by seven sen to RM3.06 per litre for the period of March 13 to 19.

In a statement today, the Finance Ministry (MOF) said the retail price of RON95 petrol remains unchanged at RM2.05 per litre, while diesel prices in Sabah, Sarawak, and Labuan will also remain at RM2.15 per litre.

The MOF explained that fuel prices are set based on the weekly retail pricing mechanism, which applies the Automatic Pricing Mechanism formula.

“The government will continue to monitor market developments and adjust retail fuel prices accordingly, taking into account market price fluctuations while ensuring price stability,” the statement read.

The MOF also said that the government will keep track of global crude oil price movements and take appropriate measures to safeguard the welfare and well-being of the people. – March 12, 2025

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

Adakah Petronas akan kurangkan pekerja untuk atasi kerugian daripada perjanjian dengan Petros?

Sumber mendakwa syarikat minyak dan gas negara dijangka mengalami kerugian hasil sebanyak 30% sebaik formula yang dipersetujui untuk pengagihan gas asli di Sarawak dilaksanakan

Related