Earlier, I posted the prediction/calculation based on the RON95 price for between 18-22 June, where I estimated the RON97 price to be RM2.50/L - a reduction of 9 sen.

If I follow the previous method (calculation of RON95 price between 20-26 June), below is the estimated calculation

RON95
20/6 USD81.57 @ 4.0080 = RM326.93256
21/6 USD79.81 @ 4.0140 = RM320.35734
22/6 USD80.65 @ 4.0190 = RM324.13235
25/6 USD81.32 @ 4.0190 = RM326.82508
26/6 USD81.28 @ 4.0300 = RM327.5584

Average weekly price per barrel 325.161146
1 barrel = 158.987295L
RM2.0452

Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RON95 price is RM2.0452+RM0.3173 = RM2.37/L
RON97 price is estimated to be RM2.51/L (Around 14 sen more than RON95 on average) - a reduction of 8 sen.

In any case, it is estimated to go down significantly this week (8-9 sen). If it's a smaller decrease, then there is something else at play here - probably the RON97 users are being taxed more to cover the Diesel & RON95 subsidy (around 17 sen at current market value).

November monthly average for RON95 now is estimated to be RM2.20/l - weekly RON95 average last week was an estimated RM2.11/l

RON97 price estimate for December 1 is now RM2.34/l. Will update on Thursday morning