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UPDATED: New Petrol & Diesel prices announced

petrol-pump-station

Update: We have just received the new fuel prices effective tomorrow 1st Jan 2015:

RON95 – RM1.70 per litre (decrease 21 sen from RM1.91)
Diesel – RM1.70 per litre (decrease 23 sen from RM1.93)
RON97 – RM2.00 per litre (decrease 11 sen from RM2.11)

*Effective on 1st February 2015.

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Rumours are rife that the price per litre of petrol and diesel in Malaysia is set to drop yet again, following the global price of oil recently dropping to an all-time low, hovering around the mid USD$40 per barrel, when it used to be USD$107 per barrel only a few months ago.

collapse-oil-price-stock-market-crash
Image from www.oil-price.net

Above are the new prices, which come to into effect from February 1, 2015.