RON97 petrol down by 9 sen

PETALING JAYA: The price of RON97 petrol will go down by another 9 sen at midnight, the second week in a row its price has dropped.

It will sell at RM2.53 per litre until Jan 24.

The price of RON95 remains unchanged at RM2.08 per litre and diesel at RM2.18 per litre.

In a statement today, the finance ministry said that without subsidies, the price for RON95 and diesel would be RM2.23 per litre and RM2.33 per litre respectively under the Automatic Pricing Mechanism (APM).

The subsidy is expected to cost the government RM74.70 million for the one-week period.