USD130 TO USD115 A BARREL

In Malaysia, what goes up will not come down. Gravity does not work naturally here. In Singapore, they follow the market price so much so that they can cut down the price in the morning and cut down further in the afternoon on the same day. In Malaysia, when the world crude oil price is the justification for the increase of petrol pricing in the market, it only works one way. When the price comes down, they will find other millions of excuses for not lowering down the price. The government said they will announce a new price on September 1st 2008.