31 Jan 2018: UPDATE: So the price went *up* again despite indications showing it should have gone down. Oh well, lets see how things go in February!
And it's a wrap so quickly. This month, the petrol price set by the government has been well above the actual pricing shown by raw material costs and Ringgit rate. This suggests (although it can't be shown for sure) that some reserves are now being kept, perhaps to be released later on for the holidays or other major events. However, the government continues to follow the trend (up or down) but with more premium added on. Thus we believe there would be a slight drop in pricing for the announcement today.
10 Jan 2018: Wow, is it the new year already? We are predicting a reduction in petrol prices to be announced this Wednesday, mainly thanks to the ringgit strengthening significantly. However refined products pricing is starting to move up again, watch this space carefully!
