PERTH, Nov 13 (Reuters) - Oil slid for a third straight day to hit a 22-month low of $55 a barrel on Thursday, after a 5 percent overnight loss, as mounting pessimism about the global economy outweighed OPEC’s comments that it could cut output again as early as end-November.
OPEC officials, concerned about oil’s steep drop [...]

TAHUKAH anda memberi subsidi kepada kerajaan antara 60 sehingga 72 sen setiap liter diesel atau petrol yang anda beli di stesen minyak.
Ini kerana harga yang anda bayar dipam adalah jauh lebih mahal daripada harga sebenar di loji penapis minyak.
Siasatan Suara Keadilan menunjukkan harga depot diesel di loji penapisan Tangga Batu, Melaka pada 24 Oktober 2008 [...]

Call me crazy but with global crude oil prices having more than halving since it peaked at close to USD150 per barrel, this is definitely one of those rare opportunity to make a permanent structural change to the economy by effectively eliminating the fuel subsidy.
The growth rate of subsidy size at the current prices must [...]

NEW YORK (Reuters) - Oil dropped more than $4 a barrel on Friday as gloom about a global economic downturn sapping fuel demand took the steam out of an OPEC agreement to cut output.
Ministers of the Organization of the Petroleum Exporting Countries agreed at an emergency meeting in Vienna to take 1.5 million barrels a [...]

Oct. 22 (Bloomberg) — Stocks fell around the world, the euro sank to an almost two-year low against the dollar and commodities retreated as the economic slump deepened and corporate profits declined.
Exxon Mobil Corp., BHP Billiton Ltd. and Petroleo Brasileiro SA slid more than 4 percent. Argentina’s Merval index posted a second day of losses [...]

Reuters - Thursday, October 23
KUALA LUMPUR, Oct 22 - Malaysia will lower prices of food items and other goods in line with recent fuel price cuts, state news agency Bernama quoted the country’s domestic trade minister as saying on Wednesday.
The move will be announced on Friday, Shahrir Samad said, the same day as September inflation [...]