KUALA LUMPUR, Nov 13- The retail prices of RON97 and RON95 petrol nationwide remain at RM3.19 per liter and RM2.05 per liter, respectively, for the period of Nov 14 to Nov 20.
The Ministry of Finance announced today that the diesel price in Peninsular Malaysia also remains at RM2.95 per liter, while in Sabah, Sarawak, and Labuan, it remains unchanged at RM2.15 per liter for the same period.
According to the statement, these prices are set based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism formula.
"The government will continue to monitor the impact of global crude oil price fluctuations and take appropriate measures to ensure the welfare and well-being of the people are safeguarded," the Finance Ministry added. - BERNAMA