The retail price of diesel in Peninsular Malaysia will be lowered by 30 sen to RM4.37 per litre for June 18–24, 2026, reflecting last week's international market price movements [1, 2, 3, 4]. Petrol prices remain steady, with RON97 unchanged at RM4.35 per litre and RON95 at RM3.72 per litre for the same period [2, 3, 4].
Subsidised RON95 petrol under the BUDI95 program continues at RM1.99 per litre for over 14 million eligible recipients, offering significant savings. The Finance Ministry noted that purchasing 200 litres of unsubsidised RON95 petrol at RM3.72 per litre would cost RM744, but BUDI95 recipients pay only RM398, saving up to RM346 a month [2, 3, 4].
In Sabah, Sarawak, and Labuan, the subsidised diesel price remains stable at RM2.15 per litre [2, 3, 4]. The unsubsidised diesel price of RM4.37 per litre in Peninsular Malaysia is more than double the subsidised rate of RM2.15, helping cushion costs for public transport and logistics providers [2, 3, 4].
The government bears a monthly subsidy burden estimated at RM3.5 billion, including about RM2 billion for RON95 petrol and RM1.5 billion for diesel fuel [2, 3, 4]. The Finance Ministry said, "The Madani government would continue to safeguard public welfare and support key sectors through targeted assistance while managing fiscal spending prudently amid volatile global conditions" [3, 4].
Short-term risks remain for further crude oil price declines due to uncertainties over reopening of trade routes such as the Strait of Hormuz, prolonged supply disruptions, and unsettled peace negotiations [2, 3, 4].
The new diesel retail price of RM4.37 per litre takes effect in Peninsular Malaysia on June 18 and remains until June 24, 2026 [2, 3, 4]. Pricing for petrol and subsidised fuels will also be reviewed at the end of this period.
