What is the current market price of RON95 and diesel compared to their ceiling?

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RON95 and Diesel Market Prices Exceed Government Ceilings

The real market prices for RON95 petrol and diesel have risen above their respective government-mandated ceiling prices. Despite this increase, the retail prices for both fuel types will remain at their current caps for the period of September 15 to 21.
RON95 Price Remains Capped

The ceiling price for RON95 petrol is set at RM2.05 per litre. This price will be maintained for the upcoming week, even though the actual market cost for RON95 has surpassed this figure.
Diesel Price Holds Steady

Similarly, the ceiling price for diesel is fixed at RM2.15 per litre. This rate will continue to be applied, notwithstanding the fact that the market price for diesel is now higher than the established ceiling.
Government Intervention Protects Consumers

The Ministry of Finance stated that the government is maintaining these ceiling prices to shield consumers from the impact of global oil price increases. The Automatic Pricing Mechanism (APM) formula is used to determine the weekly retail prices of petroleum products, but in this instance, government subsidies are bridging the gap between market reality and the capped prices.

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What is the current market price of RON95 and diesel compared to their ceiling?

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