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Petrol Prices To Be Capped!

petrol prices to be capped!Main image via The Star

Road users, rejoice! 
 
Our Finance Minister, YB Lim Guan Eng, made an important announcement yesterday. The price of RON95 petrol will be capped at RM2.08 per litre, even if the market price exceeds it.

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via GIPHY

On the other hand, if the market price falls below that, then the weekly price of RON95 (petrol) will be below RM2.08.

via GIPHY

Prices for RON95, RON97 (petrol) and diesel will be based on the usual automatic price mechanism.

He added that this initiative is taken to reduce the cost of living for our people.

Phew, do you feel relieved now?

Thanks for the thoughtful move, YB!

Info via The Star

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