PUTRAJAYA – The Prime Minister’s economic adviser stated that Malaysia’s domestic gasoline supply is secure, despite persistent crude price volatility and transportation constraints caused by West Asian conflicts. While the country remains a big net importer of crude oil, national reserves are being carefully managed as global energy buyers wait for benchmark prices to fall back to USD 80 per barrel before aggressively replenishing. The consistent domestic supply picture provides critical energy assurance for local enterprises, while prolonged international crude price volatility strengthens the strategic financial significance of locally sourced alternative fuels, such as Recycled Fuel Oil (RFO), for hedging operating utility costs.
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(Source: The Star)
