RON95 RM1.93 (+0.04)
RON97 RM2.19 (+0.04)
Diesel RM1.91 (+0.07)

U hit jackpot

Seems like Mr.Weezy got insider info!

A job well done, folks.

Let's hope this will translate to lower fuel price next week

http://www.thestar.com.my/business/busines...-days-of-gains/

https://www.facebook.com/paultanautonews/po...159154747220195
https://pauline-tan.org/2017/07/07/new-fuel...tart-this-year/

Welp. Back to work

It was previously reported the government is looking at a new fuel pricing mechanism to liberalise the industry, which will likely result in prices being announced on a daily basis rather than the current weekly method. However, such a pricing mechanism will not be introduced this year, according to the domestic trade, co-operatives and consumerism (KPDNKK) minister Datuk Seri Hamzah Zainuddin.

In a report by NST, he said the ministry is still developing a new formula for the mechanism. “Now, we are announcing (the prices) every week. We will continue to do it until everyone understands their responsibilities, be it oil companies, station operators or consumers,” he said.

“Consumers will need to have a group or an application to help them to find where to get the cheapest petrol. When the time has come, we will do it,” he continued. This will allow fuel retailers the chance to compete with one another by providing the best prices to attract customers.

The minister also said he will meet with fuel retailers next week, and will make an announcement on the weekly fuel pricing mechanism following that. Recently, the Petrol Dealers Association of Malaysia (PDAM) said the weekly fuel price announcements were “unhealthy,” and resulted in many petrol station operators having to shut down due to losses suffered.

Price started to drop this Morning but very low margin. Hopefully by nxt Mon, expecting bigger drop

tomorrow petrol price should be down a bit right?

Very marginal. Not much movement since last week. I'm predicting 1-2sen drop only

Unofficial
Petrol UP 4 sen
Diesel UP 6 sen

I'll follow your insider info even though the price should've gone down, and not up

This post has been edited by isr25: Jul 11 2017, 12:52 PM

Wah this is totally against market rate dy

Actually I think it's reasonable because the price went down during Raya but mops price went up

So maybe it's covering back the losses

That's why I said during raya was a feel good price... Really went below market price quite a lot...

Manipulation big time by gomen.
Any wonder we've such bloated civil service of 1.6 million ...... incapable of service delivery.

Looking at the fact that last week raya had gone down, I'm going to trust mr.weezy info.

expected.

RON95 : increased by RM0.03 to RM1.96/ltr
RON97 : increased by RM0.04 to RM2.23/ltr
Diesel : increased by RM0.05 to RM1.96/ltr