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> Malaysian Estimated Monthly RON97 Price, RON97 ▼ on 1/12 (Calculation)

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jamespaul
post Nov 30 2018, 07:52 AM

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QUOTE(isr25 @ Nov 29 2018, 08:42 AM)
Final update for the petrol price this month - looks like we are subsidizing the government for the past 3 weeks:

RON95 estimate average weekly price for the past few weeks is:
12-16: RM2.17
19-23: RM2.11
26-28: RM1.95

RON95 estimated average price for the upcoming December is RM2.16 (average price for November 1-28) and RON97 is estimated to be RM2.30 (an average difference of 14 sen from RON95). If it's higher than this prices for December 1, it means that the government is taxing its citizens more. Fuel up on Saturday onward people.

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Thanks a lot for your hardwork.
kirakun
post Nov 30 2018, 09:09 AM

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QUOTE(isr25 @ Nov 29 2018, 08:42 AM)
Final update for the petrol price this month - looks like we are subsidizing the government for the past 3 weeks:

RON95 estimate average weekly price for the past few weeks is:
12-16: RM2.17
19-23: RM2.11
26-28: RM1.95

RON95 estimated average price for the upcoming December is RM2.16 (average price for November 1-28) and RON97 is estimated to be RM2.30 (an average difference of 14 sen from RON95). If it's higher than this prices for December 1, it means that the government is taxing its citizens more. Fuel up on Saturday onward people.

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Thanks mate, good job!
HippyTony
post Nov 30 2018, 04:48 PM

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isr thanks for your detailed analysis. I’m looking forward to see what’s the new price for RON97 tomorrow. It should go down a lot. If it doesn’t go down much I’m sure they will use the RM vs USD depreciation.

This post has been edited by HippyTony: Nov 30 2018, 04:51 PM
nebula87
post Nov 30 2018, 05:02 PM

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Hoping to fuel up RON97 by next month if the price drop..
-PuPu^ZaPruD3r-
post Nov 30 2018, 06:07 PM

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Saw the circular from govt sent to petrol stations

RON 97 will drop 31 cents to RM 2.50 tomorrow smile.gif

This post has been edited by -PuPu^ZaPruD3r-: Nov 30 2018, 06:08 PM
isr25
post Nov 30 2018, 07:16 PM

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So... Govt collecting extra tax from all... Payback from all subsidies given previously... bullshit i tell you.

If anyone from govt says they’re still subsidizing, it’s bull
boner672
post Nov 30 2018, 07:19 PM

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RM0.00 Dear Retailers, pls take note of pump price revision below
Diesel Euro 2 RM 2.18,
Diesel Euro 5 RM 2.28,
RON 95 RM 2.20,
RON 97 97 RM 2.50,
VPR RM 3.40
Kero RM 3.28
voscar
post Nov 30 2018, 07:54 PM

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QUOTE(isr25 @ Nov 30 2018, 07:16 PM)
So... Govt collecting extra tax from all... Payback from all subsidies given previously... bullshit i tell you.

If anyone from govt says they’re still subsidizing, it’s bull
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Current gov calculation more unpredictable compare to previous which you got 98% right, haha. They have Joker card on hand...
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