Price of RON95 cannot be simply reduced, says Ismail Sabri

KUALA LUMPUR: The government could not simply reduce the price of RON95 petrol although the world price of crude oil has dropped, said Domestic Trade, Cooperatives and Consumerism Minister, Datuk Seri Ismail Sabri Yaakob.

He said the government needed to study the matter first before making a decision to reduce the price of RON95 as it was subsidised fuel.