PUTRAJAYA: Petrol and diesel price will drop by
between eight sen and 22 sen a litre from Saturday.
The price of RON97 petrol will be reduced by 15
sen to RM2.55 a litre from RM2.70, while RON92 would be 22 sen
less at RM2.40, from RM2.62
The retail price of diesel would drop by eight
sen to RM2.50 a litre.
Prime Minister Datuk Seri Abdullah ahmad Badawi
announced the new prices in a statement after Friday's Cabinet
He said the prices were determined by taking into
account the actual price from Aug 1 to 21 and the 30 sen per litre
subsidy borne by the government while the subsidy for diesel, based
on the new price, was 50 sen a litre.
"The cabinet decided to bring forward the
enforcement date for adjustment of the new petrol price," he