Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail price of petroleum products for 11 April 2020 until 17 April 2020 is fixed as follows:
The decline in the retail price of petroleum products is due to the continued decline in global crude oil prices following the global economic uncertainty caused by the COVID-19 outbreak.
The Government will continue to monitor the impact of global crude oil price changes and take appropriate measures to ensure the welfare and well-being of the people.
Ministry of Finance Malaysia
Putrajaya
10 April 2020