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15 sen increase in fuel price hike in line with global oil prices
Nov 01, 2016
The government says the 15 sen increase in fuel price hike this month, is in line with current global oil prices.
The Finance Ministry told The Star, says the new prices are based on the weighted average of global crude oil prices in October.
It adds, if crude were to fall this month, it would be reflected in December's petrol and diesel prices.
Brent crude prices ranged from $49 dollars to $51 a barrel in October.
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