Kuala lumpur: The retail prices of RON95 and RON97 petrol will remain unchanged at RM2.05 and RM3.21 per litre, respectively, for the period of July 24 to 30. In a statement today, the Ministry of Finance (MOF) announced that during the same period, the retail price of diesel will also remain at RM2.15 per litre in Sabah, Sarawak, and Labuan, and at RM2.91 per litre in the peninsula.
According to BERNAMA News Agency, MOF stated that the price adjustments are based on the weekly retail pricing of petroleum products, using the Automatic Pricing Mechanism (APM) formula. The government emphasized its commitment to monitoring global oil price trends closely and assured that it will take necessary actions to protect the welfare and well-being of the population.