The region fuel price is indeed increasing, and I'm sure it's hitting the government coffers badly... Thank god for the subsidy!

What I personally estimate, judging from the data on page 1 (for 3 May - 9 May) http://goo.gl/cpYiBN
If no sudden subsidy
RON95 ▲ 19 sen to RM2.39
Diesel ▲ 24 sen to RM2.42

If maintain current subsidy
RON95 ▲ 2 sen to RM2.22 (suspected 17 sen subsidy)
Diesel ▲ 4 sen to RM2.22 (suspected 20 sen subsidy)

Or peg at current prices
RON95 ◆ at RM2.20 (with a 19 sen subsidy)
Diesel ◆ at RM2.18 (with a 24 sen subsidy)



AIP Petrol Weekly Report: https://aip.com.au/sites/default/files/down...pril%202018.pdf
AIP Diesel Weekly Report: https://aip.com.au/sites/default/files/down...pril%202018.pdf

My prediction/calculation for the new RON97 price that will come on Thursday 21/6:

RON95
13/6 - USD83.32 @ 4.0000 = MYR333.28
14/6 - USD85.14 @ 4.0030 = MYR340.81542
18/6 - USD81.23 @ 4.0060 = MYR325.40738
19/6 - USD81.45 @ 4.0050 = MYR326.20725

Average weekly price per barrel 331.4275125
1 barrel = 158.987295L
RM2.0846

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 RM2.0846+RM0.3173 = RM2.41/L
RON97 price is estimated to be RM2.55/L (Around 14 sen more than RON95 on average) - a reduction of 5 sen.

My sincere apologies for not providing an update on the oil price this week - I did not have access to a computer these past few days. Will be back to updating this coming week.

My prediction/calculation for the new RON97 price that will come on Thursday 30/8 if using 20-24/8 figures is a increase of 3 sen (Post #1540). But if using 23-28/8 figures, it's:

RON95
23/8 USD85.36 @ 4.1100 = RM350.8296
24/8 USD86.20 @ 4.1180 = RM354.9716
27/8 USD86.08 @ 4.1090 = RM353.70272
28/8 USD86.97 @ 4.1040 = RM354.9716

Average weekly price per barrel 354.1072
1 barrel = 158.987295L
RM2.2273

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 RM2.2273+RM0.3173 = RM2.55/L
RON97 price is estimated to be RM2.69/L (Around 14 sen more than RON95 on average) - an increase of 4 sen.

So it should be between a range of no change to an increase of 4 sen this week. Best to fill up by today to be safe.

Calculation and table of estimated price can be found at this link: https://goo.gl/cpYiBN

If calculating 4/4 to 10/4 cycle (Thursday to Wednesday - weekends are using Friday prices), RON95 should be around RM2.37, and RON97 should be around RM2.67.

However, since they announced that RON95 will be capped at RM2.08/l, my estimate, that they will be announcing that RON95 will maintain at RM2.08 and RON97 price will go up by 4 sen to RM2.67 (±1 sen).

Calculation and table of estimated price can be found at this link: https://goo.gl/cpYiBN

If calculating 11/7 to 17/7 cycle (Thursday to Wednesday - weekends are using Friday prices), RON95 should be around RM2.37, and RON97 should be around RM2.67.

However, since they announced that RON95 will be capped at RM2.08/l, my estimate is RON95 will maintain at RM2.08 and RON97 price go up by 10 sen to RM2.67 (±1 sen).

Eyeballing the figure yesterday, I estimate RON97 will be increased to RM2.66/L, an increase of 13sen/L

Unsure. Only makes sense if they took account of fuel price for 19-22 September and disregard the prices for 23-25 September which was declining. I have the feeling that the Govt is overcharging the RON97 users to slightly offset the subsidy for RON95.

When petrol price go too high, gov listen, ceiling set to 2.08
when petrol price go too low, gov listen, falling price slow down...

fair enough...lol