Shahrir: Petrol won't be lower than RM1.80 per litre

Need not wait any longer,as there's no more lower petrol price for this month, according to Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad. Alot of reason and excuses been given by the minister but that's not what we wanna hear about. He explain about 10 sen and 5 sen but I don't think people care much about that. No lower price, that's it. Save some of our time listening to his speech so we can use that time to find more $. For more info click here.

It's RM1.80 on 16/12!

Another 10 sen drop in price of fuel

BERNAMA

The price of fuel is reduced further by 10 sen a litre from midnight tonight. The price of RON97 is now RM1.80 from RM1.90 and RON92 at RM1.70 (from RM1.70) and diesel at RM1.70 (from RM1.80).

Minyak turun lagi 10 sen.

15/12/2008 5:19pm

KUALA LUMPUR 15 Dis. - Kerajaan menurunkan harga minyak sebanyak 10 sen lagi berkuatkuasa esok.

Dengan pengumuman terbaru ini petrol RON97 dikurangkan daripada RM1.90 kepada RM1.80. Petrol RON92 pula turun dari RM1.80 kepada RM1.70 dan Diesel juga turun dari RM1.80 ke RM1.70. - Utusan

Yes! Another drop! Just like I say RM1.80! No more no less! That's exactly what I predict 5 days ago!

Don't pump today! Pump tomorrow!

Oil Price at RM1.80!

As the Daily crude oil price now stay at RM43.25 per barrel. There's a big possibility that our petrol price will drop to RM1.80 at most! I strongly believe there's another drop...maybe it will be the last! As government will announce that it's the bottom line of oil price at RM1.80. Government will announce the price drop after 15th this month and likely to be 16-19th as what most of us expected.

Although Investors expect OPEC to slash production by at least 1.5 million barrels a day, matching the group's cut in October. Which means crude oil price will rise if demand higher but at the same time the demand for crude oil is getting lower and lower as global recession is on going.


Anyway,do try these 2 Petronas credit cards while pumping. I use CIMB Petronas card, it's FREE FOR LIFE with NO ANNUAL FEE,better yet it will reward us with 2% of your total oil consumption and 0.5% on other transaction! 2% doesn't seem much but look at it this way, now as petrol stay at RM1.90,after deduct 2%,it's RM1.862 means that you are having the cheapest oil in town! haha...see the difference? :-)

Daily Crude Oil Price

I just add a Daily crude Oil price dashboard on my left hand side top corner of my blog, now is showing $43.80 per barrel. We can monitor the oil price as the government might cut down the petrol and diesel price according to this dashboard. As the oil price maintain at $40 region, expect another 10 sen in middle of this month! :)