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

zeese
post Feb 22 2017, 03:22 PM

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good job ts.. at least, this looks better than the other people's wild assumptions.
rcracer
post Feb 23 2017, 09:59 AM

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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
IpohLad
post Feb 23 2017, 12:13 PM

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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

It more or less confirms more price increases are coming
*
+1 someone have to pay for it. Thats at least a million of litres FOC petrol.
Harold2009
post Feb 23 2017, 12:18 PM

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QUOTE(isr25 @ Feb 22 2017, 11:11 AM)
Thanks! Hope the spreadsheet helps you!
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 smile.gif
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Maybe around RM2.35 due weaken our currency. sweat.gif
mushigen
post Feb 23 2017, 04:30 PM

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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.
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Agree. And I wonder how the amount of fuel given away is audited.
BlueWind
post Feb 24 2017, 10:24 AM

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Very informative. Thanks for the graph.
Arvinaaaaa
post Feb 24 2017, 03:46 PM

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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 smile.gif

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
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thumbs up for effort
Arvinaaaaa
post Feb 24 2017, 03:46 PM

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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 smile.gif

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
*
thumbs up for effort
herojack41
post Feb 24 2017, 04:02 PM

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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

It more or less confirms more price increases are coming
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i heard is twice a month
ic3rock
post Feb 24 2017, 10:44 PM

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Attached Image

For reference... puke.gif

This post has been edited by ic3rock: Feb 24 2017, 10:45 PM
isr25
post Feb 24 2017, 11:16 PM

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QUOTE(ic3rock @ Feb 24 2017, 10:44 PM)
Attached Image

For reference...  puke.gif
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Nah... I would call this malicious speculation. No basis whatsoever with no named sources - it might just be a figment of their imagination to drive hits to their website.

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
Lone Wolf X
post Feb 25 2017, 07:12 AM

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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...

Anyway, the RON95 price is already a good indicator whether RON97 goes up or down or thereabouts.
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Bro, can share your source for MOGAS95 been trying to find one reliable & accurate but no luck
ohmlawx
post Feb 25 2017, 07:24 AM

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hope MOD pinned this useful thread..
isr25
post Feb 25 2017, 07:55 AM

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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
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It's inside the google doc spreadsheet. I'm using cmegroup and bank negara closing figures
Lone Wolf X
post Feb 25 2017, 07:58 AM

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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
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Those are futures prices not daily price, hence the slight inaccuracy. I was hoping for something more reliable source
isr25
post Feb 25 2017, 08:20 AM

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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
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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 cheap

http://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 tongue.gif
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
EnergyAnalyst
post Feb 25 2017, 10:20 AM

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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 smile.gif

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
*
Good thread. Just curious, what do you do for living?
isr25
post Feb 25 2017, 12:20 PM

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QUOTE(EnergyAnalyst @ Feb 25 2017, 10:20 AM)
Good thread. Just curious, what do you do for living?
*
IT guy smile.gif
EnergyAnalyst
post Feb 25 2017, 01:49 PM

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QUOTE(isr25 @ Feb 25 2017, 12:20 PM)
IT guy smile.gif
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Really, I would have thought you are an oil and gas guy.

Keep up the good work
sj0217
post Feb 25 2017, 05:52 PM

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Nice thread...Thanks for your effort too!!

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