Friday, December 3, 2010

Oil Price Hiked For December 2010

Is it time for us the motorists of Malaysia to brace for yet another round of fuel price hikes right after RON97 went up 15 sen at the beginning of this month?

The Malaysian Insider reports that key players including Dometic Trade, Cooperative and Consumerism Minister Datuk Seri Ismail Sabri Yaakob and Pemandu CEO Datuk Seri Idris Jala will meet today to discuss another round of fuel hikes at 3 PM today, this time across the board, affecting other fuels such as LPG, and RON95 petrol.

Word is that another fuel hike could be announced as early as this evening. RON95 is currently sold at RM1.85 per liter while the recently hiked RON97 goes for RM2.30 per liter. Diesel is sold at RM1.75 per liter to the public.


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