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Fuel prices in Malaysia hold steady this week.

image by freepik

KUALA LUMPUR: The Ministry of Finance has announced that the retail prices of RON97 and RON95 petrol, as well as diesel, will remain stable at RM3.47, RM2.05, and RM2.15 per litre, respectively, throughout the period from Jan 11 to Jan 17.

Using the Automatic Pricing Mechanism (APM) formula, the Malaysian government continues its commitment to shielding consumers from the impact of rising global prices.

"To protect consumers from the increase in prices globally, the government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre," stated the Ministry of Finance (MOF) in a release.

The MOF adds that it will continue to monitor global crude oil price trends and assured that necessary measures would be taken promptly to ensure the welfare and well-being of the people.

This move not only communicates the stability of fuel prices in Malaysia but also emphasizes the government's dedication to alleviating the financial burden on consumers in the face of unpredictable global market conditions.


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