Thursday, June 29, 2017

July 2017

With the announcement of the petrol price, it seems like the price of RON95 has back to the higher limit level. Perhaps I should revert back to the old method of prediction in the next month.

Price With Effective
Expected Price (RM/litre)
Expected Price Range (RM/litre)
Actual Price (RM/litre)
6 July 2017
1.94
1.89 – 1.99
1.93
13 July 2017
1.94
1.89 – 1.99
1.97
20 July 2017
1.96
1.91 – 2.01
1.97
27 July 2017
1.97
1.92 – 2.02
2.03


Week Ending
Price With Effective From
Average Mogas 95 Price (USD /Barrel)
Average MYR/USD
4 July 2017
6 July 2017
60.128
4.2967
11 July 2017
13 July 2017
60.097
4.2980
18 July 2017
20 July 2017
60.726
4.2918
25 July 2017
27 July 2017
61.459
4.2861

Source 2: Bank Negara Malaysia Exchange Rate

Note : The expected RON95 price is calculated based on the average Mogas 95 price and average MYR/USD exchange rate from a Wednesday to the Tuesday next week. For example, the RON95 price with effective from 6 July 2017 is calculated based on the average price from 28 June 2017 to 4 July 2017.

Related News / Articles :
  1. RON 95 - Calculate the price yourself! - article on the formula to calculate the expected RON95 price
  2. HOW DOES THE GOMEN DECIDE PETROL PRICES IN MALAYSIA? WE TRIED TO CALCULATE ON OUR OWN - another article on the explanation of the formula to calculate the expected RON95 price
  3. Malaysian Estimated Weekly RON95/Diesel Price - similar prediction of RON95 price in Lowyat forum
  4. Fuel prices up for last week of July (26 July 2017) - Announcement of petrol price
  5. No changes to fuel prices this week (19 July 2017) - Announcement of petrol price
  6. Fuel prices up for third week of July (12 July 2017) - Announcement of petrol price
  7. Fuel prices up this week (5 July 2017) - Announcement of petrol price
  8. Hamzah: Weekly fuel price announcements to remain (20 June 2017) - Clarification on the proposed new formula to calculate petrol price which is still being studied 
  9. New formula for fuel prices next week (16 June 2017) - Announcement of possible new formula in calculating petrol price
Last updated: 2 August 2017, 8.25 a.m.
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2 comments:

  1. UnknownOctober 7, 2017 at 4:09 AM

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  2. UnknownOctober 7, 2017 at 4:10 AM

    This is a blog which shows the expected RON95 price in Malaysia. The current petrol price in Malaysia is based on a managed float system. Every Wednesday, a new petrol price will be announced and the new price will be effective the next day (i.e. Thursday). This page serves as reference only and I do not assume any liabilities arising from any usage of the information published in this blog. find out latest styles dresses for women with wide variety of famous brands in cheap rates at Online Shopping Stores In Pakistan

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