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

lucifah
post Feb 25 2017, 06:44 PM

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good share. thread pinned
isr25
post Feb 25 2017, 07:29 PM

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QUOTE(lucifah @ Feb 25 2017, 06:44 PM)
good share. thread pinned
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Thanks! thumbup.gif
knwong
post Feb 27 2017, 08:19 PM

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Wow. You are oil pundit
zeng
post Feb 27 2017, 09:12 PM

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Great effort, OP.
diversity
post Feb 28 2017, 05:32 PM

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Nice
19 Degree South
post Feb 28 2017, 06:24 PM

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So,any latest since this is the last day of the month?
isr25
post Feb 28 2017, 06:55 PM

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QUOTE(19 Degree South @ Feb 28 2017, 06:24 PM)
So,any latest since this is the last day of the month?
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Don't know 28/2 MOGAS95 closing figures, but unless it goes up to like USD80 (impossible), estimated March 2017 fuel price will remain at RM2.30/liter, with a small chance to go down to RM2.35/liter.

My money is at 2.30.
djhenry91
post Feb 28 2017, 07:05 PM

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sudah calcuate include myr/usd around 2.29 or 2.30
leonhang
post Feb 28 2017, 07:06 PM

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should be 2.29 not 2.30

FUCK YOU BIJAN. You think you will always be PM is it LOL well good luck
djhenry91
post Feb 28 2017, 07:11 PM

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QUOTE(isr25 @ Feb 28 2017, 06:55 PM)
Don't know 28/2 MOGAS95 closing figures, but unless it goes up to like USD80 (impossible), estimated March 2017 fuel price will remain at RM2.30/liter, with a small chance to go down to RM2.35/liter.

My money is at 2.30.
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should see 27/2 i jus check back CME website..
if want see 28/2 need wait tomorrow morning only know.
isr25
post Feb 28 2017, 07:12 PM

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QUOTE(djhenry91 @ Feb 28 2017, 07:11 PM)
should see 27/2 i jus check back CME website..
if want see 28/2 need wait tomorrow morning only know.
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Yup. It updates at 6am tongue.gif

Anyway, just for reference, I am using BNM 5pm (closing time) and middle rate for my USD/MYR calculation.
hihihehe
post Feb 28 2017, 07:18 PM

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QUOTE(isr25 @ Feb 28 2017, 07:12 PM)
Yup. It updates at 6am tongue.gif

Anyway, just for reference, I am using BNM 5pm (closing time) and middle rate for my USD/MYR calculation.
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you got it right
remain unchanged except diesel(up 5 cent)
isr25
post Feb 28 2017, 07:22 PM

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QUOTE(hihihehe @ Feb 28 2017, 07:18 PM)
you got it right
remain unchanged except diesel(up 5 cent)
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Great! On to April estimation laugh.gif

I won't start tracking diesel, but I'll try to track RON97. I won't know how accurate that is until April's figure is released.
djhenry91
post Feb 28 2017, 07:45 PM

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QUOTE(isr25 @ Feb 28 2017, 07:12 PM)
Yup. It updates at 6am tongue.gif

Anyway, just for reference, I am using BNM 5pm (closing time) and middle rate for my USD/MYR calculation.
*
for USD/MYR i use investing.com so very syok wan
sunami
post Feb 28 2017, 07:59 PM

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nice work...thumbs up for TS!!
voscar
post Feb 28 2017, 10:27 PM

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Great hardworking calculation effort yield 'high' accuracy of prediction, thanks TS and some lyn member here for kind sharing.
Newbie838
post Feb 28 2017, 11:01 PM

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Awesome work here! Thank you very much.
Dwango
post Mar 1 2017, 08:33 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 RON95 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.

As of 27/2, the average estimated RON95 fuel price is RM2.2879/Liter.

Edit 28/2: well, it looks like the estimation is right on target for March 2017 - fuel price is unchanged for RON95. I will try to start tracking RON97 figures for April as well, but take it with a large dosage of salt as it is unproven, and there is no way for me to get historical values to test. Look towards this page for April estimated fuel figures!

Thx for the support guys!
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Boleh tahan man your formula spreadsheet. Although price of petrol RON95 is unchanged for this month, I noticed that there were many motorists lining up at petrol stations yesterday at around 8.00pm. Not too sure at what time the news on the petrol price was announced yesterday.

If your estimation proves to be accurate for the next coming months, then it would be useful as we can all avoid jamming up the petrol stations during the final hours just before 12.00 am midnight going into the next month.
djhenry91
post Mar 1 2017, 08:42 AM

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TS formula to predict next month is very good..
i got mine as well..thinking adding diesel and RON97 for fun..
need dig out where to find MOPS price


new update for estimate RON95 fuel price
they decide to set announce weekly fuel price instead of monthly
they will announce new fuel price either monday or saturday for each week

weekly fuel price

This post has been edited by djhenry91: Mar 4 2017, 05:47 PM
rcracer
post Mar 4 2017, 08:32 PM

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This thread is dead

Fuel prices deregulated from next month , maximum set by gomen, retailers free to follow or set lower

TS should start developing smartphone app to display lowest pump price in vicinity

Instant millionaire

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