Crude Oil Price have jump $25 in one day. Biggest jump ever in history. The closing price at New York Mercantile Exchange closes on $120.92, ($16.37 increase for yesterday). I don’t think we are going to get any price decrease for our petrol price in Malaysia, might even be an increase. Be prepared for the worst.
I hope that this would not cause another inflation in our country.
Check out the news at MSNBC and AFP