Malaysia Fuel Prices Fall Today: RON97 Down 20 Sen as Unsubsidised RON95 and Diesel Drop 15 Sen
KUALA LUMPUR, Nov 5 — Motorists paying market fuel prices in Malaysia will see lower petrol and diesel costs this week, following the Ministry of Finance's announcement of revised retail prices effective from November 5 to November 11, 2026.
Under the latest adjustment, RON97 petrol has decreased by 20 sen per litre to RM4.70, compared with RM4.90 previously.
Unsubsidised RON95 has fallen by 15 sen to RM4.27 per litre, while unsubsidised diesel has also dropped by 15 sen to RM5.12 per litre.
However, the subsidised RON95 price under the BUDI95 programme remains unchanged at RM1.99 per litre for eligible recipients.
Lower prices reduce fuel expenses
The new rates provide savings for motorists purchasing fuel without targeted government subsidies.
For RON97 users, the 20-sen reduction translates into savings of RM10 when purchasing 50 litres of petrol compared with the previous week's price.
Motorists buying unsubsidised RON95 will save RM7.50 for the same quantity.
The 15-sen reduction in unsubsidised diesel also lowers the cost of a 50-litre purchase by RM7.50.
These comparisons reflect the difference between the previous and current pump prices rather than guaranteed reductions in a household's overall transport expenses.
Subsidised RON95 remains at RM1.99
The Ministry of Finance confirmed that eligible Malaysians under BUDI95 will continue paying RM1.99 per litre for RON95 petrol, subject to applicable programme conditions.
The difference between the current unsubsidised RON95 price of RM4.27 and the subsidised price is RM2.28 per litre.
According to the ministry, this represents a government subsidy equivalent to approximately 53 per cent of the unsubsidised market price.
Other targeted fuel support measures remain in place.
Eligible BUDI Diesel recipients continue paying RM2.10 per litre, while prices under the Subsidised Petrol Control System and Subsidised Diesel Control System remain at RM2.05 and RM2.15 respectively.
Regional fuel market conditions ease
The ministry attributed the latest weekly adjustment to developments in regional petroleum markets and movements in international crude oil prices.
An improvement in refined fuel supplies, including petrol and diesel inventories in Singapore, was among the factors considered in Malaysia's pricing calculations.
The decline in Brent crude oil prices towards the end of the Automatic Pricing Mechanism calculation period also contributed to reduced upward pressure on retail fuel prices.
However, the ministry warned that geopolitical uncertainty in West Asia continues to pose risks to global petroleum markets.
As a result, this week's reduction should not be interpreted as confirmation that fuel prices will continue falling.
Government maintains targeted fuel subsidies
Despite the latest reduction in market prices, the Malaysian government said it remains committed to protecting eligible households and businesses through targeted fuel subsidies.
The government expects fuel subsidy expenditure to remain around RM40 billion in 2027, according to the national budget.
The assistance is intended to limit the effect of international fuel-price fluctuations on living costs.
Consumers should distinguish between unsubsidised retail prices and the subsidised rates applicable under different government programmes.
The announced prices will remain in effect through November 11, subject to the next official weekly review.
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