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.

Yup. It updates at 6am

Anyway, just for reference, I am using BNM 5pm (closing time) and middle rate for my USD/MYR calculation.

My take on it is that - the weekly fuel announcement mechanism, and subsequent "petrol price war" that they intend, we will need to see how it goes. This thread might be of use, or might not be useful at all. I'll keep tracking and updating it - as I said, for my hobby. Feel free to check it out, if not, then don't check it

Anyway, did a scenario what will happen if we did a weekly petrol pricing:

Week 1 (30/1-3/2) - RM2.27 (RM2.25?)
Week 2 (6/2-10/2) - RM2.29 (RM2.30?)
Week 3 (13/2-17/2) - RM2.30
Week 4 (21/2-24/2) - RM2.28 (RM2.30?)
Week 5 (27/2-3/3) - RM2.20

So it's better for the consumer. I'm not sure how the mechanism will announce - every Friday? Every Saturday/Sunday? Every Monday? Will need to see how the system works definitely...

Anyway, I highly doubt that petrol stations will offer lower than the "ceiling" price... But we shall see.

Yup, thanks for the tag, will update the spreadsheet to take into account 23 March - 29 March (7 days) for the first weekly oil price announcement.

It's kind of good though coz the current market rate of fuel is about RM2.10 at the moment

Highly unlikely liao, unless oil price goes down or our ringgit grows stronger. RM2.10 now, or RM2.05 lowest next week looking at the trend
Me too bro. I doubt they wanna take a hit on their margins, unless it's like 1-3 sen discount let's see next week

Still no reduce price from different kiosk?

Confirm? You speculating? Where is the source?

Official:
根据油站业者透露，最新燃油零售顶价一律上涨，RON95售价上涨3仙，而RON97则上涨2仙，以及柴油涨5仙，生效日期从4月20日至4月26日。

Ron95 +0.03
Ron97 +0.02
Diesel +0.05

Is the fuel price really predictable?

Yes, they told the formula and how to calculate it numerous times, but since the weekly announcement, not as accurate prediction as before.
Really fishy man... now I wonder if they also used mean of platts NY or Singapore for Saturday and Sunday

Our Saturday is their Friday

But the Ringgit does not trade over the weekend though... hmmm... let me run a couple of scenarios to see how they derive that 3 cents increase. E.g Maybe they used all 3 ringgit values through the day i.e opening, mid-day and closing time?

so something really fishy going on... noticed all the cybertroopers who normally post about fuel prices also quite silent since the change to weekly pricing... maybe coz couldn't justify these price increases?

Anyway - 14/4 no MOGAS95 trade coz Good Friday holiday in Singapore

How accurate is the RON95 data from CME website?

Actually you can find MOGAS95 on the CME website