RON97, RON95 prices down 5 sen, diesel 15 sen from Oct 1
KUALA LUMPUR: Retail prices of unsubsidised RON97 and RON95 petrol will fall by 5 sen per litre, while unsubsidised diesel will drop by 15 sen per litre from Oct 1 to 7.
PETROL PRICES IN MALAYSIA WILL DROP BY 5 SENA LITER FROM OCTOBER 1, SAYING THE MINISTRY OF FINANCE. THE NEW PRICES WILL BE RM5 PER LITER FOR RON97, RM4.52 PER LITER FOR RON95, AND RM5.27 PER LITER FOR DIESEL. THE REDUCTION IS DUE TO LOWER GLOBAL CRUDE OIL PRICES AND RECOVERY IN ASIAN SUPPLY OF REFINED PETROLEUM PRODUCTS. HOWEVER, VOLATILITY IN PRICE IS EXPECTED TO CONTINUE UNTIL THE US-IRAN CONFLICT IS RESOLVED. THE MADANI GOVERNMENT WILL CONTINUE TO PROTECT CITIZENS FROM GLOBAL VOLATILITY THROUGH TARGETED SUBSIDIES.
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