Petrol Prices Drop As RON97 Falls 30 Sen, RON95 Down To RM3.72
The Ministry of Finance has announced lower retail prices for petrol and diesel for the period from June 4 to June 10, 2026, following a decline in average international fuel prices over the previous week.
RON97 will be reduced by 30 sen to RM4.35 per litre from RM4.65 previously, while RON95 will fall 20 sen to RM3.72 per litre. Diesel in Peninsular Malaysia will also decrease by 20 sen to RM4.67 per litre.
Despite the reduction, the ministry cautioned that global petroleum markets remain under pressure as supply disruptions linked to the ongoing conflict in West Asia continue to affect major trade routes and energy flows.
According to the ministry, major oil-importing countries in Asia have increased purchases from alternative suppliers, including the United States, to offset disruptions from the Middle East. However, the additional supply has yet to fully replace volumes affected by disruptions along key shipping routes, indicating that physical supply constraints remain in the global market.
The ministry warned that if the conflict continues, shrinking global inventories and tighter supplies could place fresh upward pressure on crude oil and petroleum product prices in the coming months.
Amid the uncertainty, the government said it would continue maintaining targeted fuel subsidies to cushion the impact of volatile global prices on households and key sectors.
The subsidised fuel prices remain unchanged, with RON95 under the BUDI MADANI programme maintained at RM1.99 per litre, diesel in Sabah, Sarawak and Labuan at RM2.15 per litre, and subsidised diesel under the SKDS programme at RM2.15 per litre.
The ministry said more than 14 million eligible recipients continue to benefit from the BUDI95 scheme. Based on the current unsubsidised RON95 price of RM3.72 per litre, a monthly consumption of 200 litres would cost RM744. Eligible recipients, however, pay only RM398, with the government absorbing up to RM346 per month for those utilising their full allocation.
