August 2017

The recently announced RON95 price reflects a slight increase, but is still within the range of expected price.

Price With Effective	Expected Price (RM/litre)	Expected Price Range (RM/litre)	Actual Price (RM/litre)
3 August 2017	2.00	2.01 – 2.06	2.07
10 August 2017	2.11	2.12 – 2.17	2.12
17 August 2017	2.12	2.13 – 2.18	2.15
24 August 2017	2.14	2.15 – 2.20	2.15
31 August 2017	2.14	2.15 – 2.20	2.16

Week Ending	Price With Effective From	Average Mogas 95 Price (USD/Barrel)	Average MYR/USD
1 August 2017	3 August 2017	62.509	4.2797
8 August 2017	10 August 2017	66.394	4.2827
15 August 2017	17 August 2017	66.520	4.2927
22 August 2017	24 August 2017	67.061	4.2919
29 August 2017	31 August 2017	67.307	4.2744

Source 1: Singapore Mogas 95 Unleaded (Platts) Futures Quotes

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 2 August 2017 is calculated based on the average price from 26 July 2017 to 1 August 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. No change in petrol prices this week, diesel 3 sen down - announcement of petrol price
5. Fuel prices up by 1.4% to 1.7% this week (16 August 2017) - announcement of petrol price
6. Fuel prices go up by 2% to 3% (9 August 2017) - announcement of petrol price
7. Fuel prices up for first week of August (2 August 2017) - announcement of petrol price

Last updated: 6 September 2017, 12.00 p.m.