Government Reduces RON97 And Diesel Retail Prices by 6 Sen Each From 19 to 25 September 2024

In line with the fluctuations in global crude oil prices and the ringgit’s strengthening, the Government agrees to reduce the retail prices of RON97 by 6 sen to RM3.19 per litre, and diesel in Peninsular Malaysia by 6 sen per litre to RM2.95 per litre, from 19 September 2024 to 25 September 2024.

Since 8 August 2024, the Government has lowered diesel’s retail price in Peninsular Malaysia by 40 sen, and RON97’s retail price by 28 sen. The Government will continue to monitor market developments and adjust the petroleum products’ retail prices based on global oil market fluctuations, whilst supporting price stability to ensure the continued welfare and well-being of the people.

Therefore, based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 19 September 2024 to 25 September 2024 are fixed as follows:

1. the retail price of RON97 reduced by 6 sen at RM3.19 per litre;
   
   
2. the retail price of RON95 petrol remains unchanged at RM2.05 per litre;
   
   
3. the retail price of diesel in Peninsular Malaysia reduced by 6 sen at RM2.95 per litre; and
   
   
4. the retail price of diesel in Sabah, Sarawak and Labuan remains unchanged at RM2.15 per litre.

Ministry of Finance
Putrajaya
18 September 2024