February 2018

Happy Chinese New Year! It seems like we have a good news for Chinese New Year week! The announced price is lower than the normal expected price range. As such, we can pump more petrol this week.

Price With Effective From	Expected Price (RM/litre)	Expected Price Range (RM/litre)	Actual Price (RM/litre)
1 February 2018	2.25	2.26 – 2.31	2.31
8 February 2018	2.29	2.30 – 2.35	2.33
15 February 2018	2.21	2.22 – 2.27	2.23
22 February 2018	2.20	2.21 – 2.26	2.17

Week Ending	Price With Effective From	Average Mogas 95 Price (USD/Barrel)	Average MYR/USD
30 January 2018	1 February 2018	78.748	3.9018
6 February 2018	8 February 2018	80.135	3.9068
13 February 2018	15 February 2018	76.398	3.9342
20 February 2018	22 February 2018	76.480	3.9123

Source 1 : Singapore Mogas 95 Unleaded (Platts) Futures Quotes
Source 2 : Bank Negara Malaysia Exchange Rate

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 drop for last week of February - announcement of petrol price (21 February 2018)
5. Fuel prices down across the board - announcement of petrol price (14 February 2018)
6. Petrol prices up for week beginning Feb 8 - announcement of petrol price (7 February 2018)
7. Fuel prices up for week of Feb 1 - announcement of petrol price (31 January 2018)

Last updated: 22 February 2018, 7.35 a.m.