PETALING JAYA: Petrol and diesel prices for December will drop by 5 sen.
This is expected to come as a big relief to motorists who faced a 15 sen hike in pump prices for November.
Oriental Daily reported that RON95 would drop to RM1.90 per litre from RM1.95, RON97 to RM2.25 from RM2.30, and diesel to RM1.85 from RM1.90 per litre.
Prices of fuel are fixed through a managed float system, taking into account the global price of crude oil and the country’s currency strength.