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26 April 2017: Well it was certainly good news. We were right on target and the actual announced price on 26 April was RM2.21/liter! As always, check out the main page for the latest updates!
26 April 2017: First, congratulations on the new Agong! Well, based on the pricing of raw materials and exchange rate this week, the price of RON95 petrol should go down when announced on 26 April 2017!
It was supposed to be down last week as well but perhaps the government needed the extra cash for something - just our guess! This week it should be as low as RM2.20/liter!
RON95 announced on 19 April 2017: It's up 3 sen to RM2.27/liter! Well, looks like the government may be taking some taxation as there was no substantial change in either raw material or exchange rate.
RON95 price likely to be announced on 19 April 2017: RM2.23/litre (Slightly down or Unchanged)
Update on 18 April 2017: Prices are a little bit lower this week, so with some luck we might see a slight drop in RON95 pricing. At the worse case, it would be kept the same. In short, no need to rush to the petrol station tomorrow!
Update on 17 April 2017: As we know the petrol price system has been revamped starting in April 2017 and now is done weekly, on Wednesday. There are no changes though to how the calculation is actually done, so this blog remains as accurate as ever ☺
Well last week there was the Good Friday holidays but that did not affect trading of the Ringgit nor refined petrol products. We still have good visibility every day of the pricing. So far, the price of refined petrol products is up about 1% last week while the ringgit remains stable. So most likely, on 19 April 2017 the RON95 petrol price will either remain stable or go up very marginally.
One factor to watch is the weakening of USD last week - if it keeps on moving in this direction, we may have cheaper petrol in the upcoming weeks! But stay tuned... you will find out first right here.
26 April 2017: Well it was certainly good news. We were right on target and the actual announced price on 26 April was RM2.21/liter! As always, check out the main page for the latest updates!
26 April 2017: First, congratulations on the new Agong! Well, based on the pricing of raw materials and exchange rate this week, the price of RON95 petrol should go down when announced on 26 April 2017!
It was supposed to be down last week as well but perhaps the government needed the extra cash for something - just our guess! This week it should be as low as RM2.20/liter!
RON95 announced on 19 April 2017: It's up 3 sen to RM2.27/liter! Well, looks like the government may be taking some taxation as there was no substantial change in either raw material or exchange rate.
RON95 price likely to be announced on 19 April 2017: RM2.23/litre (Slightly down or Unchanged)
Update on 18 April 2017: Prices are a little bit lower this week, so with some luck we might see a slight drop in RON95 pricing. At the worse case, it would be kept the same. In short, no need to rush to the petrol station tomorrow!
Update on 17 April 2017: As we know the petrol price system has been revamped starting in April 2017 and now is done weekly, on Wednesday. There are no changes though to how the calculation is actually done, so this blog remains as accurate as ever ☺
Well last week there was the Good Friday holidays but that did not affect trading of the Ringgit nor refined petrol products. We still have good visibility every day of the pricing. So far, the price of refined petrol products is up about 1% last week while the ringgit remains stable. So most likely, on 19 April 2017 the RON95 petrol price will either remain stable or go up very marginally.
One factor to watch is the weakening of USD last week - if it keeps on moving in this direction, we may have cheaper petrol in the upcoming weeks! But stay tuned... you will find out first right here.
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