The retail price of RON97 petrol will increase by 37 sen per litre from RM3.94 to RM4.31, while the prices of RON95 petrol and diesel will remain unchanged for the week from May 12 to May 18.
The Finance Ministry, in a statement today, said the new price is based on the weekly retail price of petroleum products in accordance with the Automatic Pricing Mechanism (APM) formula.
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