ID :
24451
Tue, 10/14/2008 - 17:53
Auther :

PETROL PRICE DOWN 15 SEN A LITRE WEDNESDAY, SAYS M'SIAN PM

KUALA LUMPUR, Oct 14 (Bernama) -- 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 Prime
Minister
Abdullah Ahmad Badawi in a statement Tuesday.

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 Aug 23 and Sept 24.

Crude oil prices have dwindled from a record high of US$147 per barrel in
July to US$82 currently.

X