For every US$1 drop in oil price, gov't loses RM300 million - Mustapa

5 Apr 2020, 8:42 pagi

Updated a year ago


The drop in crude oil prices has resulted in fuel prices dropping to levels not seen since 2004 when petrol prices cost RM1.42 per litre.

But while the rakyat may rejoice, the sharp drop in fuel prices is bleeding the government, to the tune of RM300 million loss for every US$1 drop in oil per barrel prices....

All Access Plan
starting from


per month
Subscribe Now
You can cancel anytime.
Get unlimited access to our articles on web and apps
Add comments to our articles
Bookmark articles to read later
We accept
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans
Already Subscribed?
Sign In

View Comments (0)