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    The pump price of RON97 petrol is reduced by 20 sen to RM2.60 per litre from today.

    Finance Minister II Datuk Seri Ahmad Husni Hanadzlah said in a statement that the reduction was in line with the drop in the average global oil price.

    The government had on June 7 lowered the price of RON97 petrol by 10 sen to RM2.80 a litre.

    The retail price of RON97 petrol is determined by a ‘managed float’ in which the price will be changed according to the market.

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