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As indicated earlier this month by Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Abdul Samad, a cut in fuel prices have been announced effective from tomorrow, but despite a big fall in crude […]
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Shahrir: Another reduction in fuel prices could be possible end-October!
Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Samad has indicated that the prices of petrol and diesel could be reduced again by the end of October 2008 as world crude oil prices were still on a downward trend.
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Petrol and diesel price slash from tomorrow!
The following are the new prices of fuel in Malaysia slashed between 10 sen to 20 sen, effective on the 15th of October 2008.
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Shahrir: 12 sen drop for fuel prices possible in November 2008
Based on the average monthly fuel price so far, Datuk Shahrir Samad has indicated a probable reduction in petrol prices of up to a maximum of 12 sen by the end of October 2008. If […]
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Shahrir: Petrol price drop possible if crude oil averages under US$104 per barrel
Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Abdul Samad says it is possible for further reduction of petrol and diesel prices in November 2008 if the average crude oil prices for October 2008 […]
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Oil prices drop 10% on bailout bid failure
Prices of crude oil dropped about 10% yesterday on the NYMEX after the US House of Representatives rejected the Bush administration’s bid for a US$700 billion bailout of the American financial sector called the Emergency […]
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Malaysian petrol and diesel price down by 10 sen
The government has reduced the price of fuel in Malaysia by RM0.10 per liter across the board for all three types of fuel.
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Crude oil spikes 16% on US banking bailout
Our hopes for a lower fuel price after the Cabinet’s meeting tomorrow could be affected due to this latest development in world crude oil prices. Oil prices soared from a low near US$90 range a […]
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Fuel prices to be discussed on Wednesday
We could be looking at another reduction in petrol prices after this Wednesday’s cabinet meeting where fuel prices and the possibility of a reduction will be discussed, according to Minister of Domestic Trade and Consumer […]
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Fuel prices may drop again before Hari Raya 2008
Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Samad says petrol prices may go down further, and may have hinted at a possible reduction in price sometime before Hari Raya.
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Government to revise pump prices every 15 days
Minister of Housing and Local Government Datuk Seri Ong Ka Chuan said the cabinet agreed on Friday to review the price of fuel sold in Malaysia every 15 days or twice a month instead of once a month.
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Malaysian fuel prices to be slashed tomorrow
The Prime Minister has announced that the prices for RON97, RON92 and diesel fuel will receive small reductions of between 8 to 22 sen as of tomorrow. With the new price structure, RON92 is now cheaper than diesel fuel.
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Petrol prices to float at monthly average rate from September, subsidy fixed at 30 sen
Petrol prices at the pump will be switched from its current fixed price of RM2.70 per litre to a floating amount according to the month’s average current market rates with a fixed subsidy of RM0.30 […]
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Claim your fuel subsidy online via PosOnline
For those who have renewed their road tax for this period and have been delaying collection of the RM625 rebate because of lack of time or any other reason, there is good news for you. […]
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Petrol price may drop if crude oil below US$125
Anwar Ibrahim has been using fuel prices as ammunition for his government reform campaign (see debate between Anwar and Ahmad Shabery), but this latest move by the ruling government may just force Anwar to look […]