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> Malaysia Weekly Fuel Price Update, Post Your Updates Here (Chat)

SonnyCooL
post Nov 13 2017, 05:36 PM

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QUOTE(stimix @ Nov 13 2017, 05:05 PM)
Same margin of increase compare to last week. Latest AIP stood at A$63. Last week aip was A$60.3. And 2 wks b4 was A$57.5.

All indicator showing atleast 7sen increase this week too
*
as u know our gov, $3 = 6-7cent, we would like to see -$3, would that be -6-7cent
stimix
post Nov 13 2017, 05:57 PM

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QUOTE(SonnyCooL @ Nov 13 2017, 05:36 PM)
as u know our gov, $3 = 6-7cent, we would like to see -$3, would that be -6-7cent
*
So far oz data is closely related and very accurate in predicting our petrol price.

B4 the A$57.5. 2 wks ago the week b4 was A$56 and fair enough the increase was 2sen. Only when the price jumped from A$57.5 to 60 last week, we saw huge 7 sen increase. Thus wth another big jump to A$63, we will be expecting similar big jump this week.

Previously I dobe a mistake by refering to tge realtime spore cme future trading which is inaccurate in predicting current market rate of refined ron95

This post has been edited by stimix: Nov 13 2017, 06:02 PM
Hiwatari
post Nov 14 2017, 08:59 AM

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QUOTE(stimix @ Nov 13 2017, 05:57 PM)
So far oz data is closely related and very accurate in predicting our petrol price.

B4 the A$57.5. 2 wks ago the week b4 was A$56 and fair enough the increase was 2sen. Only when the price jumped from A$57.5 to 60 last week, we saw huge 7 sen increase. Thus wth another big jump to A$63, we will be expecting similar big jump this week.

Previously I dobe a mistake by refering to tge realtime spore cme future trading which is inaccurate in predicting current market rate of refined ron95
*
so can say gomen transparent?
i hope not transparent during price increase only bangwall.gif
Zot
post Nov 14 2017, 09:04 AM

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Yes another 6~7 sen this coming Thursday most likely. This time even shit people will call it holy laugh.gif
stimix
post Nov 14 2017, 09:08 AM

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QUOTE(Hiwatari @ Nov 14 2017, 08:59 AM)
so can say gomen transparent?
i hope not transparent during price increase only bangwall.gif
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Well the up to market rate for the past few weeks were pretty accurate. On my personal monitorong, there were few instances when market rate dropped but govt set higher. However that was the time when I based on spore cme future price.

Will monitor closely. Nevertheless, afterall we are net exporter country. We should be able to produce cheaper fuel to the rakyat right?...that is another level of arguement
Hiwatari
post Nov 14 2017, 09:27 AM

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QUOTE(stimix @ Nov 14 2017, 09:08 AM)
Well the up to market rate for the past few weeks were pretty accurate. On my personal monitorong, there were few instances when market rate dropped but govt set higher. However that was the time when I based on spore cme future price.

Will monitor closely. Nevertheless, afterall we are net exporter country. We should be able to produce cheaper fuel to the rakyat right?...that is another level of arguement
*
but y au not sg?
i remember reading somewhere (think ur post IINM) that we send our crude oil to be refined in sg
old d mayb i read wrong
stimix
post Nov 14 2017, 09:55 AM

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QUOTE(Hiwatari @ Nov 14 2017, 09:27 AM)
but y au not sg?
i remember reading somewhere (think ur post IINM) that we send our crude oil to be refined in sg
old d mayb i read wrong
*
Yes it's based on spore mops95 price. Similarly the report from oz- aip also basrd on spore mops95. However spore price that I referred earlier was a future market price traded realtime. Thus it will not be a true market rate up to market. However those experts at oz-aip tramslate those future data from spore and the report will be out on every monday morning/afternoon. Thus by afternoon, lotsa us here will know well the expected price based on the analysis from oz.
stimix
post Nov 14 2017, 11:24 AM

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Estimated price 15 - 22 Nov 2017

Petrol 95 ⬆ 7 cents
Petrol 97 ⬆ 7 cents
Diesel ⬆ 5 cents
amar_arifin
post Nov 14 2017, 02:05 PM

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damn la..increase again..to pump early la tomorrow
HafeesFadil
post Nov 14 2017, 02:33 PM

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today go back pump la. esk wan pump sure suddenly minyak habis.
Gamer88
post Nov 14 2017, 05:05 PM

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Increase again 2moro?
PlayMaker`
post Nov 14 2017, 05:06 PM

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aiya no la this time around wont have drastic increase again la....
either drop 1 or 2 cent / or remain only... my personal opinion la...
yvliew
post Nov 14 2017, 06:54 PM

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Fuel ⛽ price
16 Nov - 22 Nov 2017
Confirmed

Petrol 95 ⬆ 6cents
Petrol 97 ⬆ 7cents
Diesel ⬆ 3 cents
Euro 5 ⬆ 3 cents
evolutiontech88
post Nov 14 2017, 06:59 PM

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QUOTE(yvliew @ Nov 14 2017, 06:54 PM)
Fuel ⛽ price
16 Nov - 22 Nov 2017
Confirmed

Petrol 95 ⬆ 6cents
Petrol 97 ⬆ 7cents
Diesel ⬆ 3 cents
Euro 5 ⬆ 3 cents
*
Thanks
kurangak
post Nov 15 2017, 01:17 AM

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QUOTE(yvliew @ Nov 14 2017, 06:54 PM)
Fuel ⛽ price
16 Nov - 22 Nov 2017
Confirmed

Petrol 95 ⬆ 6cents
Petrol 97 ⬆ 7cents
Diesel ⬆ 3 cents
Euro 5 ⬆ 3 cents
*
maybe its time to buy a few jerry cans and fuel stabiliser
KannaSai1
post Nov 15 2017, 07:48 AM

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Can anyone summary the history of Malaysia petrol price since floating?
HafeesFadil
post Nov 15 2017, 08:40 AM

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should revert back to monthly system. this type of system really burden rakyat.

TOMEI-R
post Nov 15 2017, 08:52 AM

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QUOTE(HafeesFadil @ Nov 15 2017, 08:40 AM)
should revert back to monthly system. this type of system really burden rakyat.
*
Agree on that but I doubt they would do so now. What a better time to squeeze us of our hard earned money.
sickx
post Nov 15 2017, 09:14 AM

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QUOTE(KannaSai1 @ Nov 15 2017, 07:48 AM)
Can anyone summary the history of Malaysia petrol price since floating?
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RM 2.31 is the highest price since I wrote fuel price on my car's fuel notebook. if increase again tomorrow, it'll be the highest for this year I think
El-LoboSolitario
post Nov 15 2017, 09:22 AM

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Think will see continue increase until some time before the next festive season come... at least get some $ build up to cover the expected drop or other expense then... It's not difficult to make good guess from the mentality of our gomen, like impress ppl with their "generosity" and start talkin smack about it

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