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 Malaysian Estimated Weekly RON95/RON97 Price, RON95 ◆, RON97 ◆ on 7/3 (Estimation)

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man
post Jan 2 2018, 12:40 PM

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should be 4 - 10
man
post Jan 25 2018, 08:50 AM

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nice thread. always have correct prediction, thanks
man
post Oct 31 2018, 09:39 PM

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From my understanding, ron97 is not subsidized. so why is that government still controlling the price?
man
post Mar 18 2021, 11:57 AM

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I don't understand why government still need to control ron97 price.
man
post Mar 18 2021, 01:30 PM

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QUOTE(Lone Wolf X @ Mar 18 2021, 12:07 PM)
Well the government has been controlling the price of petrol since 1983.
I'm speculating that even tough the sale of RON97 is less than 10% of the total volume sale of petrol they are just to afraid that when the government let the oil companies dictate the sales price, it will eventually go up rather than down since it is a premium product (even tough the spread between 97 & 95 is marginal) + volume sale is miniscule (which they loose more money just to offer it to the market).
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Should be no problem if the price goes up or down. Supply & demand.

QUOTE(Captain89 @ Mar 18 2021, 01:13 PM)
You always pump ron97? Not many people pump that unless they love their cars. 95 should be sufficient
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My car only need minimum ron92, so ron95 is already more than enough smile.gif

 

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