will ron95 become rm3.00 before end of the year?

It just seems up and down in the 2.26 to 2.34 range lol

SO IT IS UP OR DOWN??

relax, refer jason's post.

Going up - but 1-3 sen.
Diesel seems like going down 1-3 sen.

pumped this morning, couldn't wait

This post has been edited by muscaa: Feb 7 2018, 06:05 PM

RON95 - up 2 sen to RM2.33
RON97 - up 3 sen to RM2.61
Diesel - down 3 sen to RM2.31

Spot on..

Harga minyak NAIK

Ron 95 RM2.33 +2sen
Ron 97 RM2.61 +3sen
Diesel RM2.31 -3sen

https://www.mysumber.com/minyak.html

Highly unlikely. based on the gradual increment of global crude prices

Dont worry, US consumers will grumble louder should there be a sharp increase.

For fuel prices to go up by almost 30% is not impossible but not practical

this is Boleh Land wor with such government, impossible will become possible

While in Boleh Land, you can get 2.6b donation or send whistleblowers to jail.

Petrol price is caused by global pricing. Bolehland cannot affect that too much.

the ultimate question is does the government really follow global pricing to do adjustment?
there's numerous times our price increased while global price decrease

I've read these kind of comments soo many times but still I've yet see someone show proof of the MOPS price to back up their statement. At least that would help OP better OP's calculations

This post has been edited by Lone Wolf X: Feb 8 2018, 09:05 PM

Appreciate it if someone share the link to those MOPS charts / price .

U are refering to crude oil. We do not based on crude oil but refined mops price as traded in singapore. The most accurate data that govt follow and we found out for months now is via australian aip mops price which is also based on spore traded price.

I repeat- very accurate by refering to aip data. Released every monday. 2 days b4 wednesday official announcement

U may want to pin this website & chk every monday:
http://www.aip.com.au/pricing/weekly-prices-reports

This post has been edited by stimix: Feb 8 2018, 11:12 PM

The answer is 90% of the time, yes.

Because there is another variable, foreign exchange

I've found out that Bank Negara Malaysia publishes various exchange rates for USD
http://www.bnm.gov.my/index.php?ch=statistic&pg=stats_exchangerates&lang=en&StartMth=2&StartYr=2018&EndMth=2&EndYr=2018&sess_time=0900&pricetype=Sell&unit=rm

Theres rates for the 0900 session, 1130 session, 1200 session, 1700 session.
Heck for all you know they might have one just for govt use also.

is it a bit misleading?
the very beginning said following the global price,no? then later say actually is follow price in singapore

The price is singapore is global price also... the real difference is between 'raw' and 'processed'. Like if you're going to track the price of bread rather than the price of wheat.