Safeguarding nation’s fuel stocks - News Summed Up

Safeguarding nation’s fuel stocks


PETALING JAYA: Malaysia’s priority in the coming months is to safeguard fuel supplies by conserving stocks, stabilising distribution and reducing petrol as well as diesel use among consumers and businesses, economists say. Economist Geoffrey Williams said the biggest threat is not oil prices, but the supply of petrol and diesel to consumers and businesses. He added that the Prime Minister has also assured energy supplies are sufficient until June. “So the challenge is to conserve stocks, maintain supply and economise on use of petrol and diesel among consumers and businesses,” he said when contacted yesterday. He added that Malaysia should avoid broad subsidy expansion, instead focusing on temporary, tightly targeted support to maintain labour mobility.


Source: The Star April 08, 2026 00:50 UTC



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