Lower prices killing us, say petrol dealers


Out of stock: A notice informing customers that Ron 97 petrol has run out at a petrol station in Petaling Jaya.

PETALING JAYA: Petrol dealers claim many stations may have to close down should fuel prices drop further, citing high losses.

Petrol Dealers Association of Malaysia president Datuk Hashim Othman said the fuel price drop had led to dealers incurring losses of between RM20,000 and RM100,000 each.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , petrol

Next In Nation

Blogger Murray Hunter retracts defamatory articles following settlement with MCMC
Blaze rips through 95% of waste management plan in Kuching
Madani govt will be directly involved with GSF 2.0, says PM
Court told of project advisory agreement linked to police contract tender
Convenience store worker dies as two bikes collide in Kluang
Man found dead in parked car in Ayer Keroh
Fire razes five terrace houses in Shah Alam
Hang Tuah Jaya council suspends licence of hotel touted as 'gay-friendly' on website
Over 43,000 litres of misappropriated diesel worth RM124,410 seized in Padang Besar
Johor cops looking for man who allegedly beat girlfriend

Others Also Read