KUALA LUMPUR: The retail prices of RON97 and unsubsidised RON95 will fall by 30 sen per litre, while unsubsidised diesel will drop by 10 sen per litre from tomorrow until Oct 28.
RON97 will retail at RM4.80 per litre, unsubsidised RON95 at RM4.32 and unsubsidised diesel at RM5.07.
In a statement, the Finance Ministry said that although Brent crude oil prices remained above US$100 (RM408.20) per barrel, regional prices of refined petroleum products had begun to ease during the Automatic Pricing Mechanism (APM) calculation period.
It said the decline was driven by expectations of increased supply from China, supported by continued production from other Asian countries.
