Prediction of RON95, RON97, Diesel 31 Oct-6 Nov 2020
Fuel prices will be announced every Friday and will take effect on Saturday until the next Friday.
The table below shows our latest prediction price and the actual price of RON95:
|31 Oct-6 Nov||1.626||???|
Latest prediction price and the actual price of Diesel:
|31 Oct-6 Nov||1.725||???|
Latest prediction price and the actual price of RON97:
|31 Oct-6 Nov||1.926||???|
So starting from now on, I will take back my duty, as your ‘fuel price predictor expert’ 😀 and I will update the latest prediction every day on this article. Don’t forget to bookmark this article so you won’t miss the latest petrol price every week.
Don’t be alarmed by the increase in petrol price from time to time. It happens because the world crude oil price is rising too. As we can see, WTI crude and Brent crude price now is at $40.59 and $43.14 per barrel. However, please do not panic as our government is doing their best to monitor the changing effect of global crude oil price.
As we know, Malaysia’s government had scrapped the fuel subsidy system since the year 2014. Thus, the petrol price has been floating and will be announced every week by the government. However, you can find out the petrol price prediction by following us. We’ll calculate for you and update our petrol price data a few times a week, so you can get a bit of a picture and a forecast of future fuel prices.
Hence, I will follow suit and try my best to predict the latest weekly petrol price for you. On top of that, you can check my prediction for RON95, RON97, and Diesel every week on the respective links, and I will update this page at least few times a week to bring you the latest prediction. My prediction is based on a computerized formula, which includes the daily closing MOTAS 95 and BNM USD/ Ringgit price, so do come back from time to time to check the latest prediction.
The forecast petrol price is not 100% correct but shall have less than 2 sen deviation on average based on my analysis. The petrol price is subjected to the sudden change of Government subsidy and new system implemented. The calculation includes short term and medium term of refined oil and Ringgit versus USD. Hopefully, this estimation is helpful to you.
The table below shows the daily value of Singapore Mogas 95 unleaded Platts (average of spot, second and third month in USD) and ringgit conversion data (from BNM, closing time 5 pm) for last few weeks.
|DATE||MOTAS 95||GASOIL||USD / RM|
|1 October, 2020||47.62||42.52||4.1475|
|2 October, 2020||46.27||42.56||4.1585|
|5 October, 2020||47.85||44.14||4.1585|
|6 October, 2020||49.02||45.44||4.1485|
|7 October, 2020||47.14||44.46||4.1595|
|8 October, 2020||48.53||45.39||4.1525|
|9 October, 2020||47.83||45.65||4.154|
|12 October, 2020||46.76||44.70||4.1405|
|13 October, 2020||47.17||44.89||4.155|
|14 October, 2020||47.50||45.21||4.1455|
|15 October, 2020||47.27||45.08||4.146|
|16 October, 2020||47.07||45.32||4.156|
|19 October, 2020||46.76||45.20||4.1495|
|20 October, 2020||47.43||44.90||4.1425|
|21 October, 2020||46.25||44.18||4.1425|
|22 October, 2020||46.67||44.89||4.147|
|23 October, 2020||46.11||44.62||4.1465|
|26 October, 2020||45.02||44.61||4.1585|
|27 October, 2020||45.76||44.07||4.1645|