Petrol Price RON95 27 July-2 August 2017

Latest RON95 Petrol Price 

Month Prediction Actual Price
22-28 June 1.9066 RM1.91 
29 June-5 July 1.889 RM1.89
6-12 July 1.941 RM1.93 
13-19 July 1.942 RM1.97 
20-26 July 1.976 RM1.97 
27 July-2 August 2.011 ???


Prediction Petrol Price for RON97

Prediction Petrol Price for Diesel

Find out the weekly 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 save your time and your money. 

Malaysia government has scrapped the fuel subsidy system since 2014, and petrol price will now be following the international fuel price (but not entirely depending on it). From 29th of March onwards, pertol price in Malaysia will be announced every Wednesday, which taking effect on every Thursday. 

Although the Crude Oil Price is available freely on real time basis, we can only guess the petrol price for next month as government has never announce the actual formula used to calculate the RON95 price. Also, crude oil price is just one of the components that affect the pump price. However, they do offer some insights on how they derive the pump price that we pay here.

Now that government decided to announce the new petrol price every week, my work to predict the petrol price has just increase by 4 times! However, 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 computerised formula, which include 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 3 sen deviation in average based on my analysis. The petrol price is subjected to the sudden change of Government subsidy and new system implemented. The calculation is include short term and medium term of refined oil and Ringgit versus USD. Hopefully this estimation is helpful to you.

Table below show 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 5pm) for last few weeks. If you want to learn more about the formula that I use, visit here to check the fuel price formula.

DATE MOTAS 95, USD USD / RM
1 June, 2017 63.01 4.288
2 June, 2017 62.21 4.281
5 June, 2017 61.41 4.2625
6 June, 2017 62.18 4.266
7 June, 2017 60.18 4.263
8 June, 2017 60.18 4.268
9 June, 2017 60.37 4.2665
12 June, 2017 60.06 4.2605
13 June, 2017 60.39 4.2605
14 June, 2017 58.19 4.2585
15 June, 2017 58.28 4.2645
16 June, 2017 58.74 4.277
19 June, 2017 58.43 4.2775
20 June, 2017 57.57 4.2845
21 June, 2017 57.05 4.2885
22 June, 2017 57.57 4.2865
23 June, 2017 57.62 4.288
26 June, 2017 57.88 4.288
27 June, 2017 58.57 4.288
28 June, 2017 59.00 4.299
29 June, 2017 59.02 4.2955
30 June, 2017 59.91 4.294
3 July, 2017 60.80 4.298
4 July, 2017 60.80 4.2975
5 July, 2017 59.36 4.296
6 July, 2017 60.27 4.2985
7 July, 2017 59.03 4.298
10 July, 2017 59.23 4.297
11 July, 2017 59.72 4.298
12 July, 2017 59.74 4.295
13 July, 2017 59.92 4.292
14 July, 2017 60.86 4.293
17 July, 2017 60.52 4.2875
18 July, 2017 60.93 4.2875
19 July, 2017 62.13 4.287
20 July, 2017 62.07 4.2915
21 July, 2017 61.08 4.2855
24 July, 2017 60.99 4.277


Formula on Calculation
 

Latest Diesel price

Harga Minyak Ron95

Latest Ron97 petrol price

 

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