Petrol price tomorrow malaysia 2021 - Petrol Price Tomorrow In Malaysia

Add a time trend variable to capture time patterns with respect to taxation and the rising cost of marketing and distribution of fuels.

That holds for both gasoline and diesel fuel.

Exchange rates Oil is traded in U.

Why waste that extra sen for every litre? To compensate, the government could have to increase direct tax on sectors that saw growth during the Covid-19 pandemic.

Although there are exceptions to the rule, manual cars do help you save fuel and they also tend to be cheaper than their automatic counterparts, and require less maintenance, which will save you money in the long run.

If the government reduces taxation on petrol and diesel, its revenue will be impacted.