Finance Ministry: Price of RON97 down by 20 sen, RON95 and diesel drop by 15 sen respectively tomorrow

The retail prices of RON97 and unsubsidised RON95 and diesel have decreased for the period of November 5 to 11, according to the Ministry of Finance.

The pricing is based on the Automatic Pricing Mechanism, with regional petroleum market moderation and a decrease in Brent crude oil prices lowering price pressures.

Subsidised RON95 and diesel prices remain constant with government subsidies, while geopolitical uncertainties in West Asia pose risks to petroleum price stability.

KUALA LUMPUR, Nov 4 — The retail price of RON97 has dropped by 20 sen to RM4.70 per liter, while unsubsidised RON95 and diesel have both dropped 15 sen to RM4.27 and RM5.12 per liter respectively for the period of November 5 to 11.

The Ministry of Finance (MOF), in a statement today, announced that this pricing is determined based on the Automatic Pricing Mechanism (APM) formula, compared to the current prices of RM4.90 for RON97, RM4.42 for unsubsidised RON95, and RM5.27 for unsubsidised diesel.

“The regional petroleum market shows signs of moderation following an increase in the supply of refined fuels, including petrol and diesel stocks in Singapore, which serves as one of the market references for petroleum pricing in Malaysia.

“This development, together with the drop in Brent crude oil prices at the end of the Automatic Pricing Mechanism (APM) calculation period, indicates the possibility of lower price pressures,” according to the statement.

However, MOF noted that geopolitical uncertainties in West Asia continue to pose risks to world petroleum price stability.

Meanwhile, the price of subsidised RON95 through Budi95 remains at RM1.99 per liter, with the government bearing a subsidy of RM2.28 per liter, or 53 percent of the unsubsidised price for the period.

For Budi Diesel, the price for eligible recipients remains at RM2.10 per liter, involving a government subsidy of RM3.02 per liter, or 59 percent of the unsubsidised price.

Additionally, the price of petrol under the Subsidised Petrol Control System (SKPS) remains at RM2.05 per liter, while diesel under the Subsidised Diesel Control System (SKDS) remains at RM2.15 per liter.

According to the MOF, eligible Malaysians can continue to purchase subsidised RON95 and diesel using their MyKad, subject to monthly eligibility limits.

“The Madani Government will continue to take a prudent approach to protect the rakyat from price fluctuations, while ensuring that the country’s fuel supply remains adequate and secure,” the statement added. — Bernama

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据财政部消息，11月5日至11日期间，RON97汽油、非补贴RON95汽油和柴油的零售价格均有所下降。

定价基于自动定价机制，区域石油市场趋于温和，布伦特原油价格下降，从而降低了价格压力。

在政府补贴下，RON95汽油和柴油价格保持不变，而西亚地缘政治的不确定性给石油价格稳定带来了风险。

吉隆坡，11月4日讯——11月5日至11日期间，RON97汽油零售价每升下降20仙至4.70令吉，而未补贴的RON95汽油和柴油零售价分别每升下降15仙至4.27令吉和5.12令吉。

财政部今天发表声明宣布，此次定价是根据自动定价机制（APM）公式确定的，而目前RON97汽油的价格为每升4.90令吉，非补贴RON95汽油的价格为每升4.42令吉，非补贴柴油的价格为每升5.27令吉。

“随着新加坡（马来西亚石油定价的参考市场之一）的汽油和柴油库存等精炼燃料供应增加，区域石油市场显示出趋于缓和的迹象。

声明称：“这一发展，加上布伦特原油价格在自动定价机制（APM）计算期结束时的下跌，表明价格压力可能降低。”

然而，财政部指出，西亚地缘政治的不确定性继续对世界石油​​价格稳定构成风险。

与此同时，通过 Budi95 补贴的 RON95 汽油价格仍为每升 1.99 令吉，政府补贴每升 2.28 令吉，相当于该时期未补贴价格的 53%。

对于 Budi 柴油，符合条件的受益人的价格仍为每升 2.10 令吉，政府补贴为每升 3.02 令吉，相当于未补贴价格的 59%。

此外，在汽油补贴管制制度（SKPS）下，汽油价格仍为每升2.05令吉；在柴油补贴管制制度（SKDS）下，柴油价格仍为每升2.15令吉。

根据财政部的说法，符合条件的马来西亚人可以继续使用他们的身份证购买补贴的RON95汽油和柴油，但需遵守每月的资格限额。

声明还补充道：“马达尼政府将继续采取审慎的态度，保护人民免受价格波动的影响，同时确保国家燃料供应充足安全。”——马新社

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