Happy Thaipusam to all Indian LYN users & to those celebrating it!
Calculation and table of estimated prices can be found at this link: https://goo.gl/cpYiBN
. No guarantees any of the estimates will be correct as the government has been subsidizing the fuel price! The good news is that RON95/Diesel has hit the ceiling and will continue on to be RM2.05 & RM2.15 respectively for the foreseeable future.
If calculating 24/1 to 30/1 cycle (Tuesday to Monday - weekends are using Friday prices), the actual retail price for RON95 & RON97 should be RM3.21 and RM3.51 respectively (±1 sen)
Thus, I estimate that RON97 would go by 16 sen from last week to RM3.53 (±1 sen)
Note: RON95 will be capped at RM2.05/l & Diesel at RM2.15/l source
2nd Note: Targeted subsidies are on the menu, but it wouldn't be implemented anytime soon. News sources say that the agencies should come up with a proposal within 2 weeks
3rd Note: Proposed measures has been recommended and tabled to Cabinet, but unsure what is the status now
4th Note: Adjustment on fuel subsidy likely on the cards in revised Budget 2023