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Higher Oil Prices Squeeze Petrol Dealer Margins

Higher Oil Prices Squeeze Petrol Dealer Margins

Published 5 months, 2 weeks ago
Description

Rising global oil prices, driven by ongoing Middle East tensions, threaten to push Malaysia’s RON95 fuel above the current subsidised rate of RM1.99 per litre. How will this impact consumers at the pump and the operations of petrol dealers? We speak with Dato’ Khairul Annuar Abdul Aziz, President, Petroleum Dealers Association of Malaysia (PDAM) on how the industry is navigating the uncertainty.

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