SHAH ALAM, March 6 — The price of RON97 petrol will drop by 21 sen, retailing at RM2.19 a litre, at midnight, the finance ministry announced.
The price of RON 95 will also go down by 19 sen to RM1.89 per litre, while the price of diesel drops to RM1.96 per litre from RM2.13 previously.
The new prices, which represent one of the biggest drops in recent months, will take effect from midnight until March 13.
The weekly fuel pricing mechanism was reintroduced on Jan 5 last year under the Automatic Pricing Mechanism (APM).
Under this system, fuel prices are announced every Friday and remain in force for one week.
