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:

WeekPredictionActual Price
3-9 Oct1.700RM1.71
10-16 Oct1.685RM1.67
17-23 Oct1.674RM1.68
24-30 Oct1.663RM1.64
31 Oct-6 Nov1.626???

Latest prediction price and the actual price of Diesel:

WeekPredictionActual Price 
3-9 Oct1.723RM1.70
10-16 Oct1.707RM1.69
17-23 Oct1.706RM1.74
24-30 Oct1.728RM1.74
31 Oct-6 Nov1.725???

Latest prediction price and the actual price of RON97:

WeekPredictionActual Price
3-9 Oct2.000RM2.01
10-16 Oct1.985RM1.97
17-23 Oct1.974RM1.98
24-30 Oct1.963RM1.94
31 Oct-6 Nov1.926???

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.

1 October, 202047.6242.524.1475
2 October, 202046.2742.564.1585
5 October, 202047.8544.144.1585
6 October, 202049.0245.444.1485
7 October, 202047.1444.464.1595
8 October, 202048.5345.394.1525
9 October, 202047.8345.654.154
12 October, 202046.7644.704.1405
13 October, 202047.1744.894.155
14 October, 202047.5045.214.1455
15 October, 202047.2745.084.146
16 October, 202047.0745.324.156
19 October, 202046.7645.204.1495
20 October, 202047.4344.904.1425
21 October, 202046.2544.184.1425
22 October, 202046.6744.894.147
23 October, 202046.1144.624.1465
26 October, 202045.0244.614.1585
27 October, 202045.7644.074.1645
We will be happy to hear your thoughts

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