Monday, December 15, 2008

Oil Prices down tomorrow


Petrol and diesel prices will be reduced by another 10 sen per litre effective tomorrow, the government announced today.

According to Bernama, the price of RON97 petrol will be reduced from RM1.90 per litre to RM1.80, while the cost of RON92 will drop from RM1.80 per litre to RM1.70.

Diesel price will drop to RM1.70 per litre from RM1.80.

This is the seventh time the price of petrol and diesel has come down since August.

With effect from the same date (Dec 16), subsidies for petrol and diesel for fishermen will be reduced to 13 sen per litre from RM1.43 to RM1.30.

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