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.
The price of petrol should go down some more proportionate to the drop in world oil prices.
ReplyDeleteThe 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.
ReplyDelete