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Friday, November 29, 2019

Petrol prices remain unchanged till Dec 6

PETALING JAYA: The price of RON97 petrol will remain at RM2.66 per litre until Dec 6, while RON95 remains unchanged at RM2.08 per litre and diesel at RM2.18 per litre.
The government has capped the price of RON95 and diesel to stabilise fuel prices and to reduce the people’s cost of living.
In a statement today, the finance ministry said without subsidies, the price for RON95 and diesel should be RM2.36 and RM2.29, respectively, under the Automatic Pricing Mechanism (APM).
This subsidy is expected to cost the government RM115.70 million for the one-week period. - FMT

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