KUALA LUMPUR, Oct 14– The RON97 petrol price will be down by 15 sen to RM2.30 a litre, RON92 less 10 sen to RM2.20 and diesel sheds 20 sen to RM2.20 effective Wednesday.
This followed a marked drop in world oil prices of late, said Datuk Seri Abdullah Ahmad Badawi.
He said the government decided to expedite the reduction of petrol and diesel retail prices to enable the people to enjoy lower fuel prices immediately.
The government earlier adjusted fuel prices on August 23 and September 24.
Crude oil prices have dwindled from a record high of US$147 per barrel in July to US$82 currently. — Bernama, Reuters