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Oil Per barrel $112.81.Why no action from oil company??


Xiao_bai77
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today just went to Esso and pumped ron92 petrol and the price is $1.49/l.....or did i see wrongly? because the printer spoilt so i got no receipt from the cashier, but she showed me the original receipt and it showed $1.49/l. smile.gif

 

Zun Boh??? [shocked][shocked][shocked]

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Neutral Newbie

Just pump less in Sg pump price will sure go down. SPC= Singapore petrol = government.

Unlike malaysia i doubt Sg government subsides the fuel here.

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Neutral Newbie
Now we still can pump petrol at m'sia right?

 

Yea we still cant pump. Ron 97 @ RM 2.7 Ron 92 should be cheaper. Need white card already.

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"Why no action from oil company??"

 

Do you actually think that petrol prices are influenced by crude oil benchmarks and nothing else? shakehead.gif

 

That is a very naive thought. hur.gif

 

Amongst this and other factors, the power of your government's money (read: exchange rate) plays a big part too.

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the last time they adjust down was when crude drop to US$117. with US currency climbing recently and crude hitting US$121, I suspect they will adjust upwards soon if crude remains strong in next few days.. [sweatdrop] let's hope it eases today...

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