As expected, there will be another round of fuel price revisions coming mid-November (likely the 15th of November 2008, this Friday) and Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Samad indicates that it will most likely be a price cut.
The government announced previously that it aimed for the fuel prices to be revised every 2 weeks and it has kept to this for the past month or so quite diligently. Each round of revisions brought cuts, with the most recent being a 15 sen cut to RM2.15 per litre for RON97 petrol and RM2.05 per litre for RON92 petrol and diesel. This came into effect on the 1st this month.
Anyone want to try to guess how much the cut will be this time?