KUALA LUMPUR: Petrol prices will be reduced by a further 10sen to 20sen from Wednesday.

RON 97 petrol is reduced by 15sen to RM2.30; RON 92 petrol is reduced by 10sen to RM2.20; and diesel is reduced by 20sen to RM2.20.

A post on the Prime Minister's Office website (www.pmo.gov.my) said the decision was made following the marked drop in the global oil price of late.

"The lowering of the fuel prices is also made to speed up the reduction of retail prices so that the people will be able to enjoy the benefits sooner," the post added.

The statement was signed by Prime Minister Datuk Seri Abdullah Ahmad Badawi.

The previous two reductions were on Aug 23 and Sept 24.