It was not a surprise that our fuel price has been adjusted slightly lower to RM2.05/litre and RM1.70/litre for RON97 and RON95 respectively, following the drop of crude oil price for the recent months. Iraq, as the 2nd largest oil producing country has called on the possibility of limiting production volume to boost the oil price. This is the first time Iraq is supporting this. It could help with the price, but it could means lesser work hours for the people or equipment, and could lead to other social and economic problems.
For now, enjoy the cheaper rate, and September has many holidays ahead, time for some road trips!
