TDM already announce. But not on when implementation or what is the mechanism (daily, weekly, monthly etc)

without GST version of RON 97 is higher than the current 2.47/litre. Based on calculation by ISR25

RON97 is slightly subsidized now.

My prediction/calculation for the new RON97 price that will come on Thursday:

RON95
6/6 USD85.49 @ 3.9800 = RM340.2502
7/6 USD84.57 @ 3.9820 = RM336.75774
8/6 USD85.53 @ 3.9880 = RM341.09364
11/6 USD85.49 @ 3.9900 = RM341.1051
12/6 USD85.32 @ 3.9980 = RM341.10936

Average weekly price per barrel 340.063208
1 barrel = 158.987295L
RM2.1390

Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RON95 price is RM2.1390+RM0.3173 = RM2.46/L
RON97 price is estimated to be RM2.60/L (Around 14 sen more than RON95 on average) - a reduction of 6 sen.

Wow, that’s surprising.

Hmm... I have been thinking of the reduction of 1 sen... If I used the figures for 11-14 June, I would get the 1 sen reduction as the government released last week.

RON95
11/6 USD85.45 @ 3.9900 = RM340.9455
12/6 USD85.32 @ 3.9980 = RM341.10936
13/6 USD83.36 @ 4.0000 = RM333.44
14/6 USD85.08 @ 4.0030 = RM340.57524

Average weekly price per barrel 339.017525
1 barrel = 158.987295L
RM2.1324

Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RON95 price is RM2.1324+RM0.3173 = RM2.45/L
RON97 price is estimated to be RM2.59/L (Around 14 sen more than RON95 on average) - a reduction of 1 sen.

Thus, let's try to predict/calculate the price for this Thursday 28 June using the RON95 price for between 18-22 June

RON95
18/6 USD81.20 @ 4.0060 = RM325.2872
19/6 USD81.49 @ 4.0050 = RM326.36745
20/6 USD81.57 @ 4.0080 = RM326.93256
21/6 USD79.81 @ 4.0140 = RM320.35734
22/6 USD80.65 @ 4.0190 = RM324.13235

Average weekly price per barrel 324.61538
1 barrel = 158.987295L
RM2.0418

Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RON95 price is RM2.0418+RM0.3173 = RM2.36/L
RON97 price is estimated to be RM2.50/L (Around 14 sen more than RON95 on average) - a reduction of 9 sen.

So the weekly fuel calculation is based on Monday to Friday, but only announced on Thursday the following week. I’d be able to predict/calculate every Monday if people are still interested to know. If not, then I just stop my calculation

Not sure if correct, but the average price of RON95 for September was RM2.66 - thus if the previous formula of RON97 being 14 sen more expensive, it'll be priced at RM2.80...

So I highly suggest you to fill up to the brim soon, as the RON97 price will increase by 15 sen if according to monthly average price of September.

-EDIT-

I forgot to add... Tomorrow is supposed to be RON95 EURO4M compliant. So quiet now man - they expect us to forget about this ka?

Using the MOPS95 price from 1 Oct to 29 Oct, it looks like the price of RON97 will be going down to RM2.77/l. Fuel up on 1 Nov if you can wait until then. RON95 price is actually RM2.63 - so the government is subsidizing RM0.43/l - a waste of my money... Detailed calculation is available on Post #1 - Front page.

Average price per barrel 1-5/10 RM389.00
Average price per barrel 8-12/10 RM382.60
Average price per barrel 15-19/10 RM361.10
Average price per barrel 22-26/10 RM343.90
Average price per barrel 29/10 RM338.30

https://www.facebook.com/212109122465291/po...57021357974062/

Increase of 2 sen. Interesting... if disregard the final week of October, indeed can get the 2 sen increase... different things at play here

I can update la, but of course not confirmed...

However, as I informed end of last month, we are now effectively paying tax/subsidizing the government, instead of them subsidizing us...

As of 19 December, the estimated average price of RON95 is supposed to be RM1.94 and RON97 is RM2.08.

So basically every liter of RON95 you're filling up, you're effectively paying 26 sen more to the government, and even worse for RON97, you're paying 42 sen more...

I'm starting to hate this new government more and more.

I am not able to update this week's price due to the Christmas + New Year holidays at the Australian Institute of Petroleum. I can only update once they are back - however, you can still see the trend of fuel price which is generally going downwards and holding steady.

https://forum.lowyat.net/index.php?showtopi...post&p=91335936

Fuel up on 1st January peeps!

I am truly disappointed with the delay of EURO4M too. But I would imagine that they have deployment delays in which was not tracked closely by the previous gov. They have set a new date, if they miss this next one, everyone should be upset.

New bosses and revised timelines are normal occurrences in business /  politics.

I agree, I would love to have cheap petrol too but, a targeted delay is better than no date.

ah well.

Not sure how they are calculating either 31/12 to 4/1 or 1/1 to 4/1 or 7/1 to 11/1 for this weekly calculation. Below is the estimated daily price for RON95/97

Jan	RON95	RON97
2	RM1.78	RM1.92
3	RM1.85	RM1.99
4	RM1.93	RM2.07
7	RM1.97	RM2.11
8	RM1.91	RM2.05

I'm calculating the estimated "real" retail price, not the inflated price the government is sucking from the citizens... RON97 is supposed to be 13-15 cents more from RON95 and always been so.
Maybe so. But this is the daily calculation that i used la. As a reminder, the current RON95 price is RM1.93 and RON97 is RM2.23. Using the monthly average for December 2018, I did get the correct figure of RM1.93 for RON95, if including the increase of petrol dealer commission of 2.89 sen/litre. RON97 should be priced at RM2.07, but they capped the increase/decrease to 30 sen I think.

Jan	RON95	RON97
2	RM1.78	RM1.92
3	RM1.85	RM1.99
4	RM1.93	RM2.07
7	RM1.97	RM2.11
8	RM1.91	RM2.05
9	RM1.93	RM2.07

if calculating 31/12 to 4/1 cycle (Monday-Friday previous week), RON95 should be around RM1.85, and RON97 should be around RM1.99
if calculating 4/1 to 10/1 cycle (Friday to Thursday), RON95 should be around RM1.94, and RON97 should be around RM2.08 (as of 9/1)
if calculating 7/1 to 11/1 cycle (Monday to Friday current week), RON95 should be around RM1.94, and RON97 should be around RM2.08 (as of 9/1)

Let's see what tomorrow morning brings for 10/1 price then we can see how are they calculating.

The current RON95 price is RM1.92 and RON97 is RM2.22 which was announced on Friday 11/1.

Jan	RON95	RON97
11	RM2.00	RM2.30
14	RM1.95	RM2.25
15	RM1.92	RM2.22
16	RM1.97	RM2.27
17	RM1.96	RM2.26

if calculating 11/1 to 17/1 cycle (Friday to Thursday), RON95 should be around RM1.96, and RON97 should be around RM2.26 - assuming the govt is charging 30 sen higher. It should only be 14 sen higher... RON97 is being unfairly taxed even though SST is not charged on fuel.

My estimate, they will be announcing that both RON95/97 price will go up by 2 sen (±2 sen)

Hmmm... looks like they are including saturday and sunday into the calculation. Will do some analysis and share on how they are calculating this.

It is highly likely that the fuel price will go significantly upwards this week. Fuel up by Friday.