Falling Oil Prices - Where it leaves Malaysia, Not too bad afterall
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 Apr 30 2015, 10:33 PM
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All Stars
24,454 posts Joined: Nov 2010 
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QUOTE(supersound @ Apr 30 2015, 07:23 PM) I doubt so, as we have 2 bi-election on the way. turns out u right! Petrol and diesel pump prices remain the same, despite rising crude oil prices. Retail prices for RON95, RON97 and diesel for May 2015 remain at existing levels, a Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) spokesperson told Bernama today. |
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Apr 30 2015, 10:47 PM
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Senior Member
11,554 posts Joined: Aug 2009
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QUOTE(AVFAN @ Apr 30 2015, 10:33 PM) turns out u right! Make it this way, the crude oil price will be only on effect on end of June, so it is not right to increase now.Petrol and diesel pump prices remain the same, despite rising crude oil prices. Retail prices for RON95, RON97 and diesel for May 2015 remain at existing levels, a Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) spokesperson told Bernama today. Also, as said, bi-election is on the way, so they will keep quiet. But in June, sure the increase will be ugly, may go as high as rm0.30  |
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Apr 30 2015, 11:12 PM
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All Stars
48,448 posts Joined: Sep 2014 From: REality
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QUOTE(supersound @ Apr 30 2015, 10:47 PM) Make it this way, the crude oil price will be only on effect on end of June, so it is not right to increase now. I think so unless some YB dies & have BE again Also, as said, bi-election is on the way, so they will keep quiet. But in June, sure the increase will be ugly, may go as high as rm0.30  |
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Apr 30 2015, 11:18 PM
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Senior Member
11,554 posts Joined: Aug 2009
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QUOTE(nexona88 @ Apr 30 2015, 11:12 PM) I think so unless some YB dies & have BE again Only can hope the oil price dropped back to 55. |
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Apr 30 2015, 11:21 PM
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All Stars
48,448 posts Joined: Sep 2014 From: REality
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QUOTE(supersound @ Apr 30 2015, 11:18 PM) Only can hope the oil price dropped back to 55. yeah tat too  |
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May 1 2015, 07:03 AM
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth. 
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QUOTE(supersound @ Apr 30 2015, 10:47 PM) Make it this way, the crude oil price will be only on effect on end of June, so it is not right to increase now. Did they just proved that the "manage float" oil price are not actually follow world oil price? Also, as said, bi-election is on the way, so they will keep quiet. But in June, sure the increase will be ugly, may go as high as rm0.30  |
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May 1 2015, 07:35 AM
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Senior Member
11,554 posts Joined: Aug 2009
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QUOTE(nexona88 @ Apr 30 2015, 11:21 PM) yeah tat too UNlikely, just my dream, since those speculators already suffering for the past 8 months, so is time for them to do something to jack the price up  QUOTE(billytong @ May 1 2015, 07:03 AM) Did they just proved that the "manage float" oil price are not actually follow world oil price? Managed float? Got such thing?So far to justify the price to be reduced, they will take the average while to increase the price, they need to take the highest on that month, even just for 1 day  |
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May 1 2015, 12:17 PM
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All Stars
48,448 posts Joined: Sep 2014 From: REality
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QUOTE(billytong @ May 1 2015, 07:03 AM) Did they just proved that the "manage float" oil price are not actually follow world oil price? we all still don't know how they set the retail fuel price  |
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May 1 2015, 01:13 PM
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Senior Member
11,554 posts Joined: Aug 2009
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QUOTE(nexona88 @ May 1 2015, 12:17 PM) we all still don't know how they set the retail fuel price Fuel price are changing every week. |
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Jun 1 2015, 08:46 PM
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All Stars
24,454 posts Joined: Nov 2010
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Jan 29 2015
usd44.50 3.6375 Feb 4 2015 usd52 3.564 Feb 11 2015 usd50 3.60 Feb 18 2015 usd54 3.595 Mar 4 2015 usd51 3.6475. Mar 10 2015 usd49.60 3.705 Mar 18 2015 usd44.12 3.709 usd46.13 3.6725 Mar 19 2015 7pm usd45.34 3.708 Mar 27 2015 7pm usd50.55 3.687 Mar 30, 2015 5pm usd 48.10 3.713 Apr 6 2015 6pm usd51.60 3.6395 Apr 16 2015 6pm usd 56.06 3.6550 Apr 27 2015 6pm usd 56.80 3.5685 Apr 30 2015 6pm usd 59.00 3.5630 Jun 1 2015 6pm usd 59.74 3.6850 this will be my last "tracking" post. after 4 months of tracking, i conclude oil price is only a small factor in usd/rm. m'sia... oil exporter, oil importer... maybe at neutral point - not as impt as some may think. more impt may be the bad poiltics, 1mdb, gst, inflation... plus investor and rakyat confidence. take good care of yr net wealth or debt. very difficult to save, very easy to lose!  |
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Jul 27 2015, 12:56 PM
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All Stars
48,448 posts Joined: Sep 2014 From: REality
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Oil prices fall on oversupply worries, investors look to Fed meeting
http://www.thestar.com.my/Business/Busines...ting/?style=biz |
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