Some goes to the extent of accusation, nevertheless, the industry people know what is true n what is false. What they don't tell you is the human interference in the decision.
The number will be churn out as at decision date, was never wrong. This breakdown is correct. That Alpha is the unfair advantage that should be retrieve from the fuel distributors. Why? Go find out what is its basis.
Kredit: paultan.org
There is one instance in our history, the spike is too much, that decision kill a character. I still remember that day. 78 sen per litre spike!
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| Kredit: malaysiakini.com |
If current crude oil price around USD50/bbl translate to RON95 price of around RM2.10, do you think the price of RM2.70/litre is fair when the crude price hovers around USD150/bbl? Go calculate for your satisfaction. It is definitely, an ill advise at work at that time.
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| Kredit: macrotrends.net |
Merdeka???