Diesel Price October 2017

Diesel Price up, or down? Check out my estimation of petrol and diesel price for October 2017 with our most comprehensive analysis data.

Month Prediction Actual Price
21-27 Sept 2.139 RM2.10
28 Sept-4 oct 2.138 RM2.12
5-11 Oct 2.136 RM2.17
12-18 Oct 2.116 RM2.10
19-25 Oct 2.118 RM2.11
26 Oct-1 Nov 2.124 Fix on 25 Oct

Next Month Prediction Price for RON97
Next Month Prediction Price for RON95

If you can predict the changes of diesel price, you may be able to save some money for a few Teh Tarik every week. I'm trying to help you to score that extra Teh Tarik here. Every week, I will make my prediction of the diesel price based on a secret formula that I developed specially for this purpose.Since 2014, the price of Diesel will be floating according to the international crude oil price on monthly basis. Government will only announce next month’s diesel price at the last day of the month. However, starting April 2017, government will make the announcement on every week, instead of month. That means we will have a new petrol price every week. The announcement will be made on Wednesday and takes effect on Thursday. 

The calculation involved analysis of long and short term trend of RM vs USD and refined oil price.

Also, depending on the latest development, I may change and update our prediction from time to time. Usually (and logically speaking), the closer it is to the date of annoucement (ie Wednesday), the more accurate it will be.

I will update our latest prediction of RON95RON97 on other page too, so do bookmark these page and visit here to see if we can help you to get a couple of Teh Tarik for free.

Table below show the Refined oil price  (from Singapore Gasoil Platts, average spot, second and third month ) and ringgit conversion data (from Bank Negara Malaysia, 5pm closing time)  for this month. The details calculation is on fuel price formula.

DATE GASOIL, USD USD / RM
2 October, 2017 67.57 4.234
3 October, 2017 67.17 4.2385
4 October, 2017 67.46 4.2285
5 October, 2017 68.62 4.229
6 October, 2017 66.84 4.2365
9 October, 2017 66.68 4.2325
10 October, 2017 67.82 4.2235
11 October, 2017 67.54 4.2165
12 October, 2017 67.38 4.2185
13 October, 2017 68.12 4.2205
16 October, 2017 68.68 4.2165
17 October, 2017 68.48 4.2235
18 October, 2017 68.26 4.2235
19 October, 2017 67.96 4.2235

Formula of Calculation

Next Month Prediction Price for RON97
Harga Minyak Ron95
 

Next Month Prediction Price for RON95

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