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Our prediction of the month of September 2016 (and past predictions): Prediction Date | Prediction Price | Actual Price | 30 Mar 2016 | RM 1.706 ( est. 1.70 ) | RM 1.70 (APR) | 29 Apr 2016 | RM 1.688 ( est. 1.70 ) | RM 1.70 (MAY) | 30 May 2016 | RM 1.708 ( est. 1.70 ) | RM 1.70 (JUN) | 29 Jun 2016 | RM 1.755 ( est. 1.75 ) | RM 1.75 (JUL) | 30 Jul 2016 | RM 1.744 ( est. 1.75 ) | RM 1.75 (AUG) | 25 August 2016 | RM 1.696 ( est. 1.70 ) | SEPT ??? |
Malaysia government has scrapped the fuel subsidy system since 2014, and fuel price will now be following the international fuel price (but not [color=rgb(86, 140, 187) !important]entirely depending on it). Government will announce the fuel price on the last day of the month. Although the Crude Oil Price is available freely on real time basis, we can only guess the fuel price for next month as government has never announce the actual formula used to calculate the price of RON95. LookP.com is trying to help by making our own prediction of RON95 every month, and we will update this page towards the end of the month. We will update our prediction based using our computerised formula, so do come back from time to time to check the latest prediction. The forecast price is not 100% correct but shall have less than 4 sen deviation in average base on our analysis. The price is subjected to the sudden change of Government subsidy and new system implemented. The calculation is very complicated which include short term, medium term, long term of Crude Oil price and Ringgit versus USD. Hopefully this estimation is helpful to you. Article on prediction of petrol price will be updated monthly. Please stay tune for our next article. Besides that, we also have many more article for you to read.
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Post time 29-8-2016 10:15 AM
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