Good Articles to Share
Petrol Prices Expected To Climb Next Month, Says PDAM
A report from the Malaysian Digest suggests that the RM1.70 for RON95 petrol we enjoy this month, may be on the up come the 1st of March, 2015, when new prices are announced.
As of February 1st, 2015, Malaysians pay RM1.70 per litre for RON95 petrol and diesel, while RON 97 is sold at the pump for RM2.00 per litre.
These prices are determined by a managed float system that’s based on the monthly average of global crude oil prices for the preceding month. The new managed float system was put in place by the government late 2014, after it had fully removed fuel subsidies which was reported to cost the government some RM20 billion a year.
The speculation now exists because global crude oil prices have just been reported to have risen to US$60, where it was US$48 in the previous month. President of the Petrol Dealers’ Association of Malaysia, Datuk Hashim Othman, told the Malaysian Digest (MD) that based on that point, he too expects a price increase at the pump.
Come February 28th, 2015, likewise March 31st, 2015, we’ll know for sure
Read more at http://www.carlist.my/news/petrol-prices-expected-climb-next-month-says-pdam/7600#cDxGoyIIG5vDbQwU.99
More articles on Good Articles to Share
Romania and Bulgaria may become full Schengen members in January, Hungary says
Created by Tan KW | Nov 23, 2024
Explainer: How quickly can Trump's Musk-led efficiency panel slash US regulations?
Created by Tan KW | Nov 23, 2024
Poland and Slovakia to sign agreement on ammunition production in 2025
Created by Tan KW | Nov 23, 2024
Ottawa denies it has evidence linking India PM Modi to violence in Canada
Created by Tan KW | Nov 23, 2024
COP29 draft deal proposes rich nations give US$250b in climate finance
Created by Tan KW | Nov 23, 2024
Hong Kong tycoon Jimmy Lai tells court he advocated 'peaceful resistance'
Created by Tan KW | Nov 23, 2024
Discussions
1 person likes this. Showing 4 of 4 comments
Dont expect the government to care for Rakyat anyway. They would just increase and decrease as they like, irrelevant to the market price anyway.
2015-02-28 08:39
fill up all your cars today. buy if you think price is going up. same principle with share trading.
2015-02-28 09:41
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
Good Articles to Share
A 30-Year Expert Trader’s HONEST Confession - Ziet Invests
2
3
BFM Podcast
4
Mercury Securities Research
5
6
BFM Podcast
7
Koon Yew Yin's Blog
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
angienhp
Hi !Good Morning,shi fu....Thanks.
2015-02-28 08:32