Malaysia’s retail prices for petrol and diesel will remain unchanged from June 11 to 17, 2026, according to the Ministry of Finance and multiple sources [1, 2, 3, 4].
In Peninsular Malaysia, the price of RON97 petrol stays at RM4.35 per litre. Non-subsidised RON95 petrol remains at RM3.72 per litre, while the subsidised RON95 petrol under the BUDI95 scheme is priced at RM1.99 per litre [1, 2, 3, 4]. Diesel in Peninsular Malaysia is maintained at RM4.67 per litre, and in East Malaysia—which includes Sabah, Sarawak, and Labuan—diesel costs RM2.15 per litre [1, 2, 3, 4].
Retail prices under the subsidised petrol and diesel control systems (SKPS and SKDS) hold steady at RM2.05 and RM2.15 per litre respectively [1, 2, 3]. The government continues to provide fuel subsidies through the BUDI95 scheme, benefiting over 14 million eligible Malaysians [2, 3].
The Ministry of Finance explained the price decision was made "in line with the automatic price mechanism formula," which sets retail fuel prices based on average international market price movements during the previous week [4]. The ministry added the current prices reflect the situation following the West Asia crisis, when Brent crude oil prices peaked at US$120 per barrel [4].
Monthly government subsidy outlays for fuel rose sharply in early 2026. In January, subsidies for RON95 petrol and diesel were roughly RM700 million but surged to nearly RM5 billion in March and peaked at RM7.5 billion in April amid high crude prices and geopolitical tensions [2, 3, 4]. Falling crude prices since then, from US$120 to around US$90 per barrel, have helped reduce subsidy costs [2, 3, 4]. Currently, the government projects monthly fuel subsidy spending of about RM3.5 billion, with RM2 billion allocated for RON95 petrol and RM1.5 billion for diesel [2, 3, 4].
Malaysia’s petroleum supply is reported as stable and adequate. Authorities plan to ensure consistent fuel availability despite ongoing global uncertainties [2, 3].
The next fuel price review is scheduled after June 17, when the government will reassess retail prices under the automatic price mechanism based on recent international market trends.
