A friend just mentioned that Tun Dr Mahathir had resigned from his political party, and our oil price dropped. Well, no matter what happen, the consumer could be happy for both news. Although diesel price remain unchanged, RON97 is now at RM1.95/litre and RON95 is at RM1.60/litre. Time to drive more, stuck in the jam more, visit to the petrol kiosk more...but sadly our car prices is still exorbitantly high!
Crude oil price is stable for the past month, staying around USD30-35 a barrel. Still low and it is not doing much good to our economy, where even Petronas has announced a cut of billions in their capital expenditure. For now, enjoy the drive!
