KUALA LUMPUR, Aug 14: The fuel prices for RON97 and RON95 for the period of August 15 to 21 will be adjusted upward by five sen a litre.
At the same time, diesel price will be increased by three sen a litre for the same period.
According to a Finance Ministry press statement, the weekly setting of the retail price for petroleum products for the period of August 15 to 21 follows the automatic pricing mechanism (APM).
Hence, the ministry said the retail price for RON97 and RON95 were being raised to reflect the changes.
It revealed that the price for RON97 will be increased by five sen to RM1.98 per litre while the price for RON95 will be adjusted upward by five sen to RM1.68 a litre.
The Finance Ministry added diesel price for August 15 to 21 will be increased by three sen to RM1.82 a litre.
It asserted that the federal government is closely monitoring the effect of the changes in crude oil price and taking appropriate measures to ensure that the welfare of the people are taken care of. —DayakDaily