Petrol and diesel prices down 10 sen
The prices of petrol and diesel will be reduced by 10 sen to RM2.45 and RM2.40 per litre respectively beginning today, according to Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday. He said the retail price of RON92 petrol will also be reduced from RM2.40 to RM2.30 per litre. Abdullah disclosed this ma media statement read by Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad, here. He said the new price adjustments took into consideration the actual petrol price between Sept 1 and 22. He said although the world oil price had dropped slightly, the value of the ringgit against the United States (US) dollar had also weakened resulting in the 10 sen reduction being the maximum that the Government could give, Abdullah said the decision on the fuel price reduction was made yesterday as the Cabinet meeting that morning was the last one for September and it was also to usher in the Han Raya Puasa which is expected on Wednesday. “The Government is also aware that the public will be making their journey to their hometown to celebrate the Han Raya at the end of the week. “Thus, the Government hopes the price reduction would ease the burden of the people, especially in celebrating the Aidilfitri,” he said. The price reduction is the second after the last reduction on Aug 23. In the reduction earlier, the retail price of R0N97 petrol was reduced by 15 sen from RM2.70 to RM2.55 per litre while R0N92 was reduced by 22 sen from RM2.62 to RM2.40 per litre. The diesel price was reduced by 8 sen from RM2.58 to RM2.50 per litre.