Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail price of petroleum products for 4 April 2020 until 10 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
3 April 2020