Question:

World oil prices went down?

by  |  earlier

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and will malaysia oil prices go down? it is now trading around 120USD/ barrel from almost 150USD/ barrel.

I never seen malaysia oil price go down before.it will be a history

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15 ANSWERS


  1. Its because all regions like china and russia are mass producing oil now. wtf is ur point lol? this isint a question


  2. Its still too early to tell whether the current slide in crude oil prices could be sustainable over a longer period of time, or just a temporary 'correction' before the  oil futures market resume its menacing upsurge again.

    But if the current correction in the oil prices could persist longer with the eventuality of  a spectacular meltdown of oil prices dipping below 100 Usd/barrel, then we should see no reason why our government won't not follow suit by bringing down the oil retail prices substantially to reflect the true market value, otherwise  our government will lose all its credibility. A backlash of anti government in the form of mass street protest would then be inevitable.

  3. maby

  4. pretty much keep dreaming...

    PEACE =D

  5. WTF????????

    WATS YOUR POINT?????

  6. Seriously,, i dont think so,, Even if the oil is being given free worldwide,,,

    ur govt will not reduce the price,, sorry to dissapoint you anderson.

  7. Here (just for reference) is a list of several country's oil prices around the globe in U.S.dollars.

    Netherlands-$6.48

    Norway-$6.27

    Italy-$5.96

    Denmark-$5.93

    Belgium-$5.91

    Sweden-$5.80

    United Kingdom-$5.79

    Germany-$5.57

    France-$5.54

    Portugal-$5.35

    Hungary-$4.94

    Luxemborg-$4.82

    Croatia-$4.81

    Irreland-$4.78

    Switzerland-$4.74

    Spain-$4.55

    Japan-$4.24

    Czech Republic-$4.19

    Romania-$4.09

    Andorra-$4.08

    Estonia-$3.62

    Bulgaria-$3.52

    Brazil-$3.12

    Cuba-$3.03

    Taiwan-$2.84

    Lebanon-$2.63

    South Africa-$2.62

    Nicaragua-$2.61

    Panama-$2.19

    Russia-$2.10

    Puerto Rico-$1.74

    Saudi Arabia-$.91

    Kuwait-$.78

    Egypt-$.65

    Nigeria-$.38

    Venezuela-$.12

  8. us the the people should fight the gov for that

  9. actually, the reason why the price of oil increase last time because of the war in Iraq. and i blame US for that...

    and, after that also involving US and Iran...

  10. like garishalus said

  11. Bro ... our oil price went down once during Mahathir reign and Anwar Ibrahim then was a Deputy and finance minister...

    current gov got so many excuses not to lower the price ... ex: distribution of RM630 not complete yet , petronas and gov still subsidize bla bla ... nyampah aku ...

    *and last night they announced bus tickets will go up before Hari raya ...

  12. i dont get it?

  13. B N - Barang Naik...how to come down?

    We will never see our fuel price lower despite lower oil price . However if the oil price dip to 100US govt. will  consider this and that blah blah blah.........until the cow comes home........

    Like GH said, where is orang minyak when we need him....

  14. YES , after sometimes , just because the trade prices for USD 120 , is TRADE prices for next, not now , what we are buying is still as USD 150. till next few month will be USD 120.Our stock prices still as 150.

  15. when the price of oil in the world market goes down, all the rest will follow. and this applies to malaysia.

    yes, there's a possibility that the price of oil in malaysia will be rolled back.

    you can full tank now your car.

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