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

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steevan1000
post Feb 7 2018, 01:52 PM

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will ron95 become rm3.00 before end of the year? rclxub.gif
steevan1000
post Feb 8 2018, 03:45 PM

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QUOTE(jamespaul @ Feb 8 2018, 02:48 PM)
Highly unlikely. based on the gradual increment of global crude prices

Dont worry, US consumers will grumble louder should there be a sharp increase.

For fuel prices to go up by almost 30% is not impossible but not practical
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this is Boleh Land wor doh.gif with such government, impossible will become possible sad.gif
steevan1000
post Feb 8 2018, 04:40 PM

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QUOTE(jamespaul @ Feb 8 2018, 04:22 PM)
While in Boleh Land, you can get 2.6b donation or send whistleblowers to jail.

Petrol price is caused by global pricing. Bolehland cannot affect that too much.
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the ultimate question is does the government really follow global pricing to do adjustment?
there's numerous times our price increased while global price decrease unsure.gif
steevan1000
post Feb 9 2018, 08:56 AM

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QUOTE(stimix @ Feb 8 2018, 11:04 PM)
U are refering to crude oil. We do not based on crude oil but refined mops  price as traded in singapore. The most accurate data that govt follow and we found out for months now is via australian aip mops price which is also based on spore traded price.

I repeat- very accurate by refering to aip data. Released every monday. 2 days b4 wednesday official announcement

U may want to pin this website & chk every monday:
http://www.aip.com.au/pricing/weekly-prices-reports
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is it a bit misleading? blink.gif
the very beginning said following the global price,no? then later say actually is follow price in singapore doh.gif


steevan1000
post Apr 19 2018, 12:48 PM

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After GE price definitely will rocket sky high
steevan1000
post Apr 27 2018, 11:50 AM

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so in simple saying, from the very beginning there nvr was a calculation formula of petrol to follow world price

all increase & decrease jz base on mr N mouth order
steevan1000
post May 23 2018, 10:56 AM

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QUOTE(isr25 @ May 23 2018, 10:47 AM)
Just in case anyone is interested to know what is the fuel "market price" now:

Daily estimated price for 22 May 2018:
USD91.91 per barrel MOPS95
Exchange rate of USD1 = MYR3.9780
RM365.61798 per barrel
1 barrel = 158.987295L
RM2.2997/L
Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RM2.2997+RM0.3173 = RM2.62/L

Thus the government is subsidizing around 42sen for every litre you are using.
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jz curious confused.gif how was the calculation of petrol price before najib become pm? is it using the same method?

 

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