GE GE GE

so obvious..
kesian petrol company

This is the first hint that the parliament will be dissolved very very very soon...............& petrol co need to subsidise it for the good of the rakyat

AFAIK, subsidy is from gomen coffers, not petrol company bear.

Anyway, the PM did request additional budget a few weeks back. Does it have any relations to this sudden gift to the rakyat?

This is not fake news. it is prediction news /data based on fact (cruel oil market has increased)

According to the bill, whether it is fake or not, it's depend on "their" interpretation (i.e. I tak sukak u, then it's fake)

lolz

parliament may dissolved as soon as next week after current sidang end. XD

Normal bn tactics. They want to create a feep good factor to boost their confidence.

Expected they will continue to press petrol price down in the coming weeks or months

As of now I can only calculate as usual, as I don't know how the government will dole out their subsidy for the fuel - or even until when will the subsidy continue, so I shall give the following scenarios on page 1 moving forward. The following prices are using Wednesday fuel price for reference.

If no sudden subsidy
RON95 ▲ 8 sen to RM2.28
Diesel ▲ 9 sen to RM2.27

If maintain current subsidy
RON95 ▼ 2 sen to RM2.18
Diesel ◆ at RM2.18

Or peg at current prices
RON95 ◆ at RM2.20
Diesel ◆ at RM2.18

Anything goes for now!

This post has been edited by isr25: Mar 29 2018, 08:47 AM

Salute you sir

the data is solid if you ask me.
it the external factors that we cannot take into account.
keep it up guys.

Pray hard this silence subsidy will be maintained i.e ron95 at RM2.20. Impoosible they will maintained this wk subsidy till nxt wk haha

MYR strenghtening (?) could be the reason? Or that has taken into account when determining fuel price?

Taken in dy. All data and insider info from those in the industries showing 10sen up. However last minute announcement as unchanged.

Must be new mechanism in place now

Not new mechanism. Old mechanism aka subsidy.

It was a rhetorical statement la bro,
Anyways election time incoming.......

So means supposingly March 29 should be 2.20 -> 2.30
end up unchanged at 2.20 (aka subsidy 0.10)
current forecast is if no subsidy = 2.28 (-0.02), or 2.18 (if subsidy same), or 2.20 (subsidy can reduce 0.02)