Petrol price cut in Malaysia : Another 10 sen cut to RM1.90
Hurray another 10sen cut in our Petrol / Fuel Price! Drop more pls!
Fuel prices down another 10sen
PETALING JAYA: The retail price of petrol and diesel will go down another 10sen effective Wednesday.
The new price of RON97 petrol would be RM1.90 per litre down from RM2.00, while RON92 petrol and diesel would be down to RM1.80 from RM1.90 per litre, Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement released at about 5pm on Tuesday.
“As the world fuel price has had a sharp decrease lately, the Government has decided to once again reduce the retail price for the public’s benefit,” he said.
This is the fifth time petrol and diesel prices had been reduced since Malaysian petrol retail prices hit a high of RM2.70 per litre in June.
Petrol price cut in Malaysia
Malaysia on Tuesday cut petrol prices by five percent, bringing pump prices down to 1.90 ringgit (0.52 dollars) per litre amid easing global crude prices.
Prime Minister Abdullah Ahmad Badawisaid said the 10 sen cut would be effective on Wednesday with diesel also reduced by 10 sen to 1.80 ringgit per litre.
“As the price of oil has visibly dropped, the government has again made a decision to reduce retail prices so that the public can benefit,” he said in a statement.
It is the sixth fuel price cut the government has announced since June’s 41 percent hike on the back of soaring crude costs, which sparked angry street protests and calls for the premier to resign.
The previous cut, by 15 sen, was just over two weeks ago.
June’s hike saw inflation soar, with the August price index reaching a 26-year high of 8.5 percent, also driven by the escalating cost of food and transportation.
Inflation has since eased at 7.6 percent in October as fuel prices dropped.
Source : MSN
Petrol prices: Another 10 sen cut to RM1.90
The government has cut petrol prices by another 5 percent, bringing pump prices down by 10 sen per litre as global crude prices continued to ease.
– RON92, diesel now RM1.80 per litre
– Sixth reduction since August
Source : MalaysiaKini
Source : SinChew-I