Sunday, May 6, 2018

May 2018

The fixed pricing of RM2.20/litre continues in the month of May. This pricing is way below the expected price.

As our general election will be on 9 May 2018 (which coincides with the date when petrol price are announced), it would be very interesting to see what is the actual pricing of RON95.

P.S. Pump petrol within these few days just to be safe 😜

Price With Effective From
Expected Price (RM/litre)
Expected Price Range (RM/litre)
Actual Price
(RM/litre)
3 May 2018
2.34
2.35 – 2.40
2.20
10 May 2018
2.38
2.39 – 2.44
?
17 May 2018
?
?
?
24 May 2018
?
?
?
31 May 2018
?
?
?

Week Ending
Price With Effective From
Average Mogas 95 Price (USD/Barrel)
Average MYR/USD
1 May 2018
3 May 2018
81.826
3.9233
8 May 2018
10 May 2018
83.249
3.9410
15 May 2018
17 May 2018
?
?
22 May 2018
24 May 2018
?
?
29 May 2018
31 May 2018
?
?

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 unchanged from May 3 to May 9 - announcement of petrol price
Last updated: 7 May 2018, 11.25 a.m.

May 2018

The fixed pricing of RM2.20/litre continues in the month of May. This pricing is way below the expected price. As our general election wil...