Malaysia: Petrol and Diesel Price Lowered
November 18, 2008 – 7:53 am by Ivan Chong
KUALA LUMPUR: Petrol and diesel are 15 sen cheaper today following the government’s decision to lower fuel prices in line with the downward trend of global oil prices.
The pump price of RON97 petrol is now RM2 a litre while that of RON92 petrol and diesel is RM1.90 a litre.
Deputy Prime Minister Datuk Seri Najib Razak said in a statement yesterday this is the fifth downward revision since August, honouring the government’s promise to lower fuel prices if oil prices dropped in the world market.
Najib hoped traders would also lower prices of goods and services following the reduction in fuel prices to enable the people to reap the full benefits of cheaper fuel.
The people should continue to use petrol and diesel sparingly despite the lower prices in line with the government’s efficient energy consumption plan, said Najib, who is also finance minister. — Bernama
Courtesy: The Edge Daily
