RON97, RON95 prices down four sen, diesel down five sen from July 25 to 31

The infographic on the decrease of fuel prices for the period of July 25 to July 31. Source: Finance Ministry of Malaysia

By Adrian Lim

KUCHING, July 24: The fuel prices for RON97 and RON95 for the period of July 25 to 31 will be decreased by four sen a litre.

According to a press statement from the Finance Ministry, the retail price for RON97 will be decreased by four sen a litre to RM1.98 per litre.

The ministry added retail price for RON95 will also be lessened by four sen to RM1.68 per litre.

It said the retail price for diesel will be reduced by five sen a litre to RM1.82 per litre.

The Finance Ministry explained that the reduction of the retail fuel prices was influenced by the changes in the price of refined products in line with the global crude oil prices.

It asserted that the federal government is closely monitoring the effect of changes in crude oil price and taking proactive measures to ensure the welfare of the people are taken care of. —DayakDaily