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 ron97 fuel price increase by RM0.15, again????

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sleepwalker
post Dec 7 2010, 01:09 PM

Need sleep....
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QUOTE(Travies @ Dec 7 2010, 12:23 PM)
crude oil price is increasing. but would like to ask malaysia is producing own petroluem rite? what is the use of petronas? and when crude oil increase, G straight increase the price overnight. when crude oil price is down, the price is still maintain there and reduce gradually.
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We maybe producing crude oil but we don't refine enough Petrol. Malaysia is a net importer of petrol refined by other countries. We sell crude but we buy petrol. The crude money is used to subsidise the RON95.

 

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