SHAH ALAM, Jan 10 — The price of RON97 petrol will go down by 3 sen to RM2.62 per litre from midnight until January 17.
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 RM2.32 per litre and RM2.46 per litre respectively under the Automatic Pricing Mechanism (APM).
The subsidy is expected to cost the government RM122.85 million for the one-week period from January 11 to January 17.
Under this system, fuel prices are announced every Friday and remain in force for one week.
