Current oil prices could see RON95 prices maintained or lowered

KUALA LUMPUR: The RON95 petrol prices could be maintained or revised down by about 5 sen to 10 sen at the current global crude oil prices as the government puts in place a managed float which will take effect on Dec 1.

CIMB Economic Research said this will have a benign direct impact on overall inflation, but this might possibly change if oil prices continue to decline.