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Fuel prices likely to increase

Dec 31, 2016


RON95 and diesel prices are expected to go up tomorrow, due to the increase in global crude oil prices. 

The Finance Ministry says the ringgit's performance against the US dollar is another factor for the expected increase.

Retail prices for fuel in the country have been decided using the controlled float method since December 2014, with prices determined by the market on a monthly basis.


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