PETALING JAYA: The petrol price for RON97 will drop by 6 sen to RM2.58 per litre starting midnight until Dec 27.
The price of RON95 remains at RM2.08 per litre and diesel at RM2.18 per litre.
The government has been subsidising fuel prices to alleviate the cost of living of the people and to stabilise prices, the finance ministry said.
Without the subsidies, RON95 should retail at 2.28 a litre and diesel at RM2.34 a litre.
The government will spend RM93.74 million in subsidies to rein in the price of fuel during the coming seven-day period, the ministry said.