Crude Oil Price is now below USD72/barrel, we are still waiting for Pak Lah and Shahrir to announce another reduction in our retail fuel price. The last cut was when the global crude oil price was at USD84/barrel, a difference of USD12 or 14.28% to the current trading price.
Therefore we are looking forward for at least a 10% cut to the petrol and diesel price. A 10% cut would be a drop of 23sen from current retail price of petrol to RM2.07 per litre and 22sen cut from diesel price to 1.98/per litre.
Therefore we are looking forward for at least a 10% cut to the petrol and diesel price. A 10% cut would be a drop of 23sen from current retail price of petrol to RM2.07 per litre and 22sen cut from diesel price to 1.98/per litre.
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