Petrol station operators hit by weekly swing in fuel prices

If oil prices stay where they are, it

PETALING JAYA: Many petrol station operators are giving up their operations as they can no longer cope with the weekly swing in retail fuel prices.

Petrol Dealers Association of Malaysia (PDAM) President Datuk Khairul Annuar said since the implementation of the monthly price change mechanism in December 2014, between 30 to 40 stations per brand had surrendered their operations.