Friday, December 3, 2010

FUEL HIKE: Ron 95 Petrol is now RM1.90 per litre

Thats a five cent hike over the old price, while any price hike is not welcomed, at least it is not as big a leap as the one slaped on RON97 petrol which saw a 15 sen hike...

This table shows that oil is picking up pace and Brent has gone past USD90 per barrel while even the Opec basket of sweet and sour crude gained nearly half a dollar today

The North Korean tension is not helping

MARKET METRICS   Thu., Dec. 2, 2010
Crude OilOpec Basket84.13+0.48
($/bbl)ICE Brent90.69+1.82
 Nymex Lt Swt 88.00+1.25

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