Petrol pump prices may see another drop when Oct 1 comes around. Our Prime Minister said if world market prices for fuel remained stable at US$109 for the rest of the year, Malaysians might even enjoy a 15 sen drop below the current rate of RM2.55.
Abdullah said petrol pump prices were revised last on Aug 22 in order to give the rakyat ‘the best deal’ for fuel. At that time, the trend of fuel prices was going up again and the rakyat would not get anything by the end of the month if this continued.
“So, I thought that this was the best opportunity to get the best deal for the rakyat. If we revised the petrol pump prices on Sept 1, as decided originally, it would now have cost RM2.57 per litre as compared to RM2.55 per litre,” he pointed out.