Amid the increasing pressure on global crude oil prices, Domestic Trade, Cooperatives and Consumerism Minister Datuk Ismail Sabri Yaakob has attempted to pacify Malaysians by assuring them that the Government was weighing all options to avoid increasing the prices of fuel specifically RON95 which is the lower range of petrol and diesel.
He asserted that the current situation was still manageable without having to increase the prices of RON95 and diesel, which were sold at RM1.90 and RM1.80 per litre respectively. At the same time when he made that statement, global crude oil prices were already trading above the US$100 per barrel level.