The pump price of RON97 petrol will be reduced by 20sen to RM2.60 per litre from Thursday (July 5). Finance Minister II Datuk Seri Ahmad Husni Hanadzlah said in a statement that the reduction was due in line with the drop in the average global oil price.
The government had on June 7 lowered the price of RON97 petrol by 10sen to RM2.80 a litre.
The retail price of RON97 petrol is determined by a 'managed float' in which the price will be changed according to the market.
Petrol price of RON95 remains at RM1.90 a litre while diesel is at RM1.80 a litre.
Source: The Star..RON97 petrol price reduced by 20sen
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