PETALING JAYA: The removal of subsidies for RON95 petrol and diesel next month is timely, based on the developments in the market, said Datuk Seri Abdul Wahid Omar.
"The demand for oil has been stable. It was projected that the price for crude oil would hover between US$80 (RM268) and US$85 (RM285) per barrel," said the Minister in the Prime Minister's Department.
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