The retail price of diesel in Peninsular Malaysia will be reduced by five sen to RM3.30 per litre from tomorrow until Aug 14.

The price of the fuel in Sabah, Sarawak, and Labuan, however, remains at RM2.15 per litre during the same week.

The Finance Ministry in a statement today said the revision to the diesel price is in line with the current moderating trend in the global price of crude oil.

“The government will continue to monitor market developments and adjust the diesel’s retail price based on global oil market fluctuations while supporting price stability,” it said.

Meanwhile, it said the retail prices of RON97 and RON95 petrol remain unchanged at RM3.47 and RM2.05 per litre, respectively.

- Bernama

Diesel subsidy: 'VOP for contractors to be settled in a month'

Diesel subsidy: 'VOP for contractors to be settled in a month'

'Stop speculating on RON95 subsidy, Economy Ministry still fine-tuning it'

'Stop speculating on RON95 subsidy, Economy Ministry still fine-tuning it'

Govt studying, re-evaluating subsidies: Economy Ministry

Govt studying, re-evaluating subsidies: Economy Ministry

Fuel subsidy: Heads up will encourage profiteering - Rafizi

Fuel subsidy: Heads up will encourage profiteering - Rafizi