February is a festive auspicious month, with Chinese New Year in a week time! Gong Xi Fa Cai and wishes all have a prosperous 2016. January is a bad start for the year, with oil price dipping below USD30 a barrel, and seems to average around USD30-35. Even our very own Petronas is cutting on spending. For those in the oil and gas industry, may the force be with you!
Starting today, Feb 1, 2016, RON97 is now RM2.05/litre (RM0.20 reduction) and RON95 is now RM1.75/litre (RM0.10 reduction). However, many still making noise that the drop is not significant enough, as in the USA, some petrol station is selling at RM0.90/litre! Good news for pickup truck owners, diesel is now RM1.35/litre (RM0.25 reduction).
