good job ts.. at least, this looks better than the other people's wild assumptions.
Malaysian Estimated Weekly RON95/RON97 Price, RON95 ◆, RON97 ◆ on 7/12 (Estimation)
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 Feb 22 2017, 03:22 PM
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#21
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Senior Member
1,801 posts Joined: Jan 2005 From: Kuala Lumpur 
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Feb 23 2017, 09:59 AM
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3,741 posts Joined: Jan 2003
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I just read motorcyclist will get free petrol once a month for the whole year starting April
It more or less confirms more price increases are coming |
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Feb 23 2017, 12:13 PM
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Junior Member
7 posts Joined: Oct 2011
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QUOTE(rcracer @ Feb 23 2017, 02:59 AM) I just read motorcyclist will get free petrol once a month for the whole year starting April +1 someone have to pay for it. Thats at least a million of litres FOC petrol.It more or less confirms more price increases are coming  |
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Feb 23 2017, 12:18 PM
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#24
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521 posts Joined: Feb 2009 
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QUOTE(isr25 @ Feb 22 2017, 11:11 AM) Thanks! Hope the spreadsheet helps you! Maybe around RM2.35 due weaken our currency. Seriously bro... Don't just quote figures... Do you have a source where you're getting the RM2.5/l? This is F&F and not /k. Hopefully you will learn something on how the fuel price is calculated using the link above   |
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Feb 23 2017, 04:30 PM
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4,358 posts Joined: Jul 2010
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QUOTE(IpohLad @ Feb 23 2017, 12:13 PM) +1 someone have to pay for it. Thats at least a million of litres FOC petrol. Agree. And I wonder how the amount of fuel given away is audited. |
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Feb 24 2017, 10:24 AM
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2,898 posts Joined: Jan 2007 
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Very informative. Thanks for the graph.
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Feb 24 2017, 03:46 PM
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3,895 posts Joined: Jan 2012
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QUOTE(isr25 @ Feb 22 2017, 09:47 AM) Hi guys, just to share something I am doing just as a hobby - hope this helps you to estimate next month's fuel price - less of a surprise if it goes up and fuel up before the rush, or wait to fuel up until next month if it goes down thumbs up for effortMalaysian Estimated RON95 Fuel Price I am using the government's formula to calculate the following month's fuel price. As far as I know, the calculation is quite accurate. There are some discrepancies ±RM0.05, but it should be close enough - some of the calculation has been confirmed by government sources. Estimated fuel price for March 2017 - unchanged at RM2.30/Liter |
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Feb 24 2017, 03:46 PM
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Senior Member
3,895 posts Joined: Jan 2012
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QUOTE(isr25 @ Feb 22 2017, 09:47 AM) Hi guys, just to share something I am doing just as a hobby - hope this helps you to estimate next month's fuel price - less of a surprise if it goes up and fuel up before the rush, or wait to fuel up until next month if it goes down thumbs up for effortMalaysian Estimated RON95 Fuel Price I am using the government's formula to calculate the following month's fuel price. As far as I know, the calculation is quite accurate. There are some discrepancies ±RM0.05, but it should be close enough - some of the calculation has been confirmed by government sources. Estimated fuel price for March 2017 - unchanged at RM2.30/Liter |
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Feb 24 2017, 04:02 PM
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Senior Member
5,695 posts Joined: Nov 2007 From: A Place Where God And Master Of TroubleMaker Exist 
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QUOTE(rcracer @ Feb 23 2017, 09:59 AM) I just read motorcyclist will get free petrol once a month for the whole year starting April i heard is twice a monthIt more or less confirms more price increases are coming |
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Feb 24 2017, 10:44 PM
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3,586 posts Joined: Apr 2009 From: Singapore / Kuching
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For reference...  This post has been edited by ic3rock: Feb 24 2017, 10:45 PM |
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Feb 24 2017, 11:16 PM
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Senior Member
1,172 posts Joined: Nov 2009 From: Johor Bahru
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QUOTE(ic3rock @ Feb 24 2017, 10:44 PM)
For reference... Our ringgit is getting slightly stronger and the price of refined oil price is getting lower toward the end of the month. As of yesterday, the price of RON95 for March 2017 is at an estimated RM2.2898/liter at the pump on average. This post has been edited by isr25: Feb 24 2017, 11:19 PM |
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Feb 25 2017, 07:12 AM
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Junior Member
562 posts Joined: Feb 2011
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QUOTE(isr25 @ Feb 22 2017, 12:31 PM) The chart is RON95. I am using RON97, but couldn't find a free source to calculate it like RON95. The free source only provided the MOGAS97 information until 15 Dec 2016, and it suddenly stopped... Unless I pay for the updated daily figures (which I find silly for a personal hobby) I can't find any (free) source at the moment... Bro, can share your source for MOGAS95 been trying to find one reliable & accurate but no luckAnyway, the RON95 price is already a good indicator whether RON97 goes up or down or thereabouts. |
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Feb 25 2017, 07:24 AM
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732 posts Joined: Sep 2008
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hope MOD pinned this useful thread..
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Feb 25 2017, 07:55 AM
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Senior Member
1,172 posts Joined: Nov 2009 From: Johor Bahru
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QUOTE(Lone Wolf X @ Feb 25 2017, 07:12 AM) Bro, can share your source for MOGAS95 been trying to find one reliable & accurate but no luck It's inside the google doc spreadsheet. I'm using cmegroup and bank negara closing figures |
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Feb 25 2017, 07:58 AM
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562 posts Joined: Feb 2011
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QUOTE(isr25 @ Feb 25 2017, 07:55 AM) It's inside the google doc spreadsheet. I'm using cmegroup and bank negara closing figures Those are futures prices not daily price, hence the slight inaccuracy. I was hoping for something more reliable source |
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Feb 25 2017, 08:20 AM
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Senior Member
1,172 posts Joined: Nov 2009 From: Johor Bahru
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QUOTE(Lone Wolf X @ Feb 25 2017, 07:58 AM) Those are futures prices not daily price, hence the slight inaccuracy. I was hoping for something more reliable source Futures is good enough and slight inaccuracies - including last month and previous month is actually off by 1 sen is a-ok. You need to pay to track the actual daily figures - and it's not cheaphttp://www.freemalaysiatoday.com/category/...-sen-fuel-hike/ http://www.therakyatpost.com/news/2017/02/...t-for-february/ 1. They mentioned RM2.262 per liter for Feb, I got RM2.2464 - a difference of 1.6 sen  2. They mentioned RM0.09 undercharging for Jan, and I got the same figure. This post has been edited by isr25: Feb 25 2017, 08:36 AM |
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Feb 25 2017, 10:20 AM
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Senior Member
3,081 posts Joined: Oct 2012
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QUOTE(isr25 @ Feb 22 2017, 09:47 AM) Hi guys, just to share something I am doing just as a hobby - hope this helps you to estimate next month's fuel price - less of a surprise if it goes up and fuel up before the rush, or wait to fuel up until next month if it goes down Good thread. Just curious, what do you do for living?Malaysian Estimated RON95 Fuel Price I am using the government's formula to calculate the following month's fuel price. As far as I know, the calculation is quite accurate. There are some discrepancies ±RM0.05, but it should be close enough - some of the calculation has been confirmed by government sources. Estimated fuel price for March 2017 - unchanged at RM2.30/Liter, but there is a small chance that the government could reduce it to RM2.25/Liter |
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Feb 25 2017, 12:20 PM
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Senior Member
1,172 posts Joined: Nov 2009 From: Johor Bahru
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QUOTE(EnergyAnalyst @ Feb 25 2017, 10:20 AM) Good thread. Just curious, what do you do for living? IT guy |
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Feb 25 2017, 01:49 PM
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Senior Member
3,081 posts Joined: Oct 2012
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QUOTE(isr25 @ Feb 25 2017, 12:20 PM) IT guy Really, I would have thought you are an oil and gas guy.Keep up the good work |
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Feb 25 2017, 05:52 PM
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Senior Member
6,458 posts Joined: Apr 2012
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Nice thread...Thanks for your effort too!!
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