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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 […]
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720 litres of subsidised petrol a month for taxis
A total of 40,231 petrol-powered taxi owners in Malaysia will get a 78 sen subsidy on petrol, bringing it down to the original price of RM1.92 per litre for RON97 octane. This subsidy is limited […]
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Fuel Price Debate at 9PM tonight!
Keep yourselves free at 9pm tonight as there will be a debate between de facto PKR leader Datuk Seri Anwar Ibrahim and BN Government Information Minister Datuk Ahmad Shabery Cheek called “Form the government today, […]
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PDAM wants higher commission for fuel purchases via credit card payment
The Petrol Dealers Association of Malaysia is once again bringing up something they have brought up back in 2005: credit card commissions that are eating into their profit margins. They have issued a letter to […]
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Fuel subsidies extended to vehicles up to 3,000cc in East Malaysia
The government will be extending the RM625 cash fuel subsidy to private vehicles with engine displacements up to 3,000cc in Sabah and Sarawak as four-wheel drive vehicles are more commonly used there. The PM said […]
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Separate fuel pumps for foreign vehicles near border
500 fuel stations in border town areas between 30 to 50km from the border to Thailand in the north and the border to Singapore in the south have agreed to set up separate fuel pumps […]