Prime Minister of Malaysia Datuk Seri Abdullah Ahmad Badawi announced that effective Oct 15, the retail price of petrol RON97 will be reduced by 15 sen to RM2.30 a litre; petrol RON92 will go down 10 sen to RM2.20; and the price of diesel will be cut by 20 sen to RM2.20 per litre.
This followed a marked drop in world oil prices of late, said Prime Minister Datuk Seri Abdullah Ahmad Badawi in a statement today.
He said the government decided to expedite the reduction of petrol and diesel retail prices to enable the people to enjoy lower fuel prices immediately.
This followed a marked drop in world oil prices of late, said Prime Minister Datuk Seri Abdullah Ahmad Badawi in a statement today.
He said the government decided to expedite the reduction of petrol and diesel retail prices to enable the people to enjoy lower fuel prices immediately.
2 comments:
The price of petrol should go down some more proportionate to the drop in world oil prices.
The marked drop in world oil prices to less that USD70 a barrel, but the reducing of our petrol price is not proportionate. It is unfair that when the price soar, we increase at the the higher rate.
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