PUTRAJAYA: Effective Dec 1, the price of RON95 petrol and diesel will be fixed according to a managed float, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hasan Malek announced today.
“This means that if the price of crude oil increases, the price of RON95 will also increase and vice-versa,” he told a news conference here today.
The current price of RON95 is RM2.30 per litre and diesel is RM2.20 per litre. -Bernama