Retail price of Petroleum products from 14 October 2021 to 20 October 2021
Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 14 October 2021 to 20 October 2021 are fixed as follows:
- the retail price of RON97 increased by 10 sen from RM2.77 per litre to RM2.87 per litre;
- the retail price of RON95 petrol remains unchanged at RM2.05 per litre; and
- the retail price of diesel remains unchanged at RM2.15 per litre.
To protect the consumers from global oil price increases, the Government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre, even though the market price APM for RON95 and diesel has increased beyond the current ceiling price.
The Government will continue to monitor the trends of global crude oil prices and take appropriate measures to ensure the continued welfare and well-being of the people
Ministry of Finance Malaysia
13 October 2021