PUTRAJAYA, March 25 -- Malaysia will maintain the subsidised price of RON95 petrol at RM1.99 per litre under the Budi95 scheme, while prices of RON97 and diesel have been adjusted following a surge in global oil prices.
The Finance Ministry said the prolonged conflict in West Asia has pushed crude oil prices up more than 40 per cent to above US$100 a barrel, raising risks of supply disruption.
Under the Automatic Pricing Mechanism, retail fuel prices for the week of March 26 to April 1 are set at RM5.15 per litre for RON97, RM3.87 for unsubsidised RON95, RM5.52 for diesel in Peninsular Malaysia, and RM2.15 for diesel in Sabah, Sarawak and Labuan.
The ministry said the government remains committed to protecting consumers despite volatil...
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