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Price of RON97 reduced by 20 Sen a litre

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RON97 is now RM3 Sep 6 2012KUALA LUMPUR, November 19 – The retail price of RON97 petrol will be reduced by 20 sen a litre, from RM2.75/litre to RM2.55/litre throughout the country effective midnight tonight.

Deputy Finance Minister Datuk Ahmad Maslan confirmed the matter on his Twitter account Tuesday.

A copy of the letter to the effect sent by the Finance Ministry to Petronas Dagangan Berhad was uploaded with his Twitter posting.

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The price of the fuel is determined by managed float, and depends on market forces.

– BERNAMA