MALACCA: There is definitely scope for the prices of RON95 petrol and diesel here to be reduced when global crude oil prices drop to between US$70 and US$75 (RM231 and RM248) per barrel, said Deputy Finance Minister Datuk Ahmad Maslan.
“If global crude prices drop to that range, then it would have crossed the current RM2.30 per litre price point, which is the subsidised price for RON95,” he said after a Goods and Services Tax (GST) briefing in Alor Gajah yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
