.. crude going below 40 very soon
.. gas prices following suit with a 6-month lag
.. cpo not much better
.. mgs yield now knocking at 4.3x%.
.. same same gomen spending
.. same same politicians doing same same dance

4.5 may be too generous.

crude oil price is down now. When it rises back to $90-100 level, at 4.5 exchange rate, I am guessing Ron95 will be close to RM3/l. If the administration cannot afford to bring back subsidy, then high inflation can occur. Just hope that by that time, petronas can give more dividend to subsidize the retail petrol

That if got people want to buy expensive crude, now our crude oil got price but no market.