The retail price of RON95 and RON97 petrol will drop by three sen per litre while that of diesel will reduce by six sen per litre for the period of Nov 7 to 13.
The Ministry of Finance, in a statement today, said that the new price per litre for RON95, RON97 and diesel are at RM1.61, RM 1.91 and RM1.68 respectively.
“The price is based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism formula.
“The government will continue to monitor the impact of changes in world crude oil prices and take appropriate measures to ensure the welfare and well-being of the people continue to be protected,” the statement said today.
Source: BERNAMA News Agency