Seeing this...

I still remember my teacher told me petrol in earth will be dried up if human didn't control it properly.

But now, the petrol is way too much.

ok let's see will it be another round of fuel price with less than 10 sen drop this week.

Not way too much, because of high supply

A smell of 1980s. I guess following week will drop more

high supply = too much.



The demand should have same or higher compared with 20,30 years ago.

This post has been edited by e_mc_square: Mar 31 2020, 02:36 PM

My estimation: RON95 will be priced in between RM1.28 - RM1.30. Guessing game only, don't shoot me

Yup, I agree next week price drop will be marginal.

Confirm marginal...-.10 or -.05, no diff now...
I just hope not seeing later when order is over...price shoot up and way above that run out of this formula...
we will be equal to starting to pay petrol tax

Calculation and table of estimated prices can be found at this link: https://goo.gl/cpYiBN

If calculating 26/3 to 1/4 cycle (Thursday to Wednesday - weekends are using Friday prices), the actual retail price for RON95 & RON97 should be RM0.94 and RM1.24 respectively (±1 sen).

If we follow the previous Automatic Pricing Mechanism and Sales Tax Act, the government is allowed to "tax" us higher by 58.62sen per litre for petrol products sold.

no chance to even get the benefit from this reductions since rarely even drive the car only motorbike now

The Sales Tax (Rate of Tax) Order 2018 which was published on the 29 August 2018,
has set the tax rate for petrol at 60 cents per liter and diesel at 40 cents per liter.
This rate is stated on page 56 & 57 of the order as per document attached.
This is not withstanding any relief given by the government from time to time.




Attached File(s)
 pua_20180829_PUA_221.pdf ( 1.51mb ) Number of downloads: 27

Noted with thanks bro

Thanks bro...but judging from how they reduce the lowering...I bet we won't see anything below 1.3 right? hehe

so means by law they can tax up to 60c/l for petrol right?

Yes up to a maximum 60 cents per liter

For RON95 it rarely happen for government to collect tax.

But for RON97 which costs around +- 5 cents extra from RON95, but we can see from the retail price that the government collect tax from it.

Any tax analyst here can help to add on?

RON 95: RM1.30 (-RM0.08)
RON 97: RM1.60 (-RM0.08)
Diesel: RM1.58 (-RM0.10)


Not bad

Where did u get the news? I can't find it anywhere

Nvm saw it already.. hehe thanks

This is the lowest?

US and Russia made some agreement to stabilize the oil price right? So will this be the last best price of the era? Lol.

Nothing concrete yet, so not sure.