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Home News Auto News RON 95 Price To Be Capped At RM 2.20, Even If Crude Becomes Really Expensive RON 95 Price To Be Capped At RM 2.20, Even If Crude Becomes Really Expensive Auto News Aswan | January 03, 2019 06:53 pm This whole business of petrol prices has been mightily confusing, with the back and forth aggravating everyone from the common consumer (such as you, or I), to petrol station owners associations who are worried a declining trend in the value of crude may result in massive losses.With a number of plans slated for the new year having been put on hold, Lim Guan Eng came forward to clarify that the price of RON 95 petrol in particular would be capped at RM 2.20 for the foreseeable future, in the sense that the price at the pump would never go over this figure regardless of the real-world value of crude oil - as reported by The Star. This is a largely populist move, although one that opens up the government and our country to unnecessary exposure should the price of crude explode as it has done in the past, being strongly influenced by political ongoings around the world. But let us not forget that this method of floating the fuel prices is meant as a stop gap measure until the petrol subsidy card can be introduced and implemented effectively among lower class citizens. It has been stated that blanket fuel subsidies will be going away this year, and it's only a matter of time before they figure out a proper process for their targeted fuel subsidy. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Fuel Price Lim Guan Eng Print Related News Fuel Price Update: 7 Sen Drop For Petrol, 6 Sen Drop For Diesel Auto News Eric | June 14, 2017 From 14 June till 21 June 2017, motorists in Malaysia will be able to enjoy cheaper petrol and diesel.New prices below: RON95 - RM1.98 (down 7 sen ... Fuel Price Update: June 2017 Week 4 Auto News Eric | June 21, 2017 From 21 June till 28 June 2017, motorists in Malaysia will be able to enjoy slightly cheaper petrol and diesel.New prices below: RON95 - RM1.91 (down ... Fuel Price Update: 2 Sen Drop For Petrol, 4 Sen Drop For Diesel Auto News Eric | June 28, 2017 From 29 June till 5 July 2017, drivers in Malaysia are expected to pay slightly less for petrol and diesel.New prices below: RON95 - RM1.89 (down 2 ... Fuel Price: 13-19 July 2017 - Petrol And Diesel Increase Auto News Eric | July 12, 2017 The Ministry of Domestic Trade, Cooperatives, and Consumerism (KPDNKK) has just announced the latest fuel prices for next week. Drivers in Malaysia ... Comments
RON 95 Price To Be Capped At RM 2.20, Even If Crude Becomes Really Expensive Auto News Aswan | January 03, 2019 06:53 pm This whole business of petrol prices has been mightily confusing, with the back and forth aggravating everyone from the common consumer (such as you, or I), to petrol station owners associations who are worried a declining trend in the value of crude may result in massive losses.With a number of plans slated for the new year having been put on hold, Lim Guan Eng came forward to clarify that the price of RON 95 petrol in particular would be capped at RM 2.20 for the foreseeable future, in the sense that the price at the pump would never go over this figure regardless of the real-world value of crude oil - as reported by The Star. This is a largely populist move, although one that opens up the government and our country to unnecessary exposure should the price of crude explode as it has done in the past, being strongly influenced by political ongoings around the world. But let us not forget that this method of floating the fuel prices is meant as a stop gap measure until the petrol subsidy card can be introduced and implemented effectively among lower class citizens. It has been stated that blanket fuel subsidies will be going away this year, and it's only a matter of time before they figure out a proper process for their targeted fuel subsidy. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Fuel Price Lim Guan Eng
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Fuel Price Update: 7 Sen Drop For Petrol, 6 Sen Drop For Diesel Auto News Eric | June 14, 2017 From 14 June till 21 June 2017, motorists in Malaysia will be able to enjoy cheaper petrol and diesel.New prices below: RON95 - RM1.98 (down 7 sen ...
Fuel Price Update: June 2017 Week 4 Auto News Eric | June 21, 2017 From 21 June till 28 June 2017, motorists in Malaysia will be able to enjoy slightly cheaper petrol and diesel.New prices below: RON95 - RM1.91 (down ...
Fuel Price Update: 2 Sen Drop For Petrol, 4 Sen Drop For Diesel Auto News Eric | June 28, 2017 From 29 June till 5 July 2017, drivers in Malaysia are expected to pay slightly less for petrol and diesel.New prices below: RON95 - RM1.89 (down 2 ...
Fuel Price: 13-19 July 2017 - Petrol And Diesel Increase Auto News Eric | July 12, 2017 The Ministry of Domestic Trade, Cooperatives, and Consumerism (KPDNKK) has just announced the latest fuel prices for next week. Drivers in Malaysia ...