The price of RON97 petrol will be reduced by 10 sen to RM2.80 per litre from midnight Wednesday (15 June 2011), according to Petrol Dealers Association of Malaysia president Datuk Hashim Othman.
This is the first reduction since the price was floated at market rates.
There have been four increases in RON97 petrol price since the beginning of this year.
The last increase on May 5 saw a hike of 20 sen to RM2.90 per litre.
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