MOTORISTS buying unsubsidised fuel will pay less from tomorrow, with diesel prices falling by 10 sen per litre and RON95 and RON97 each dropping by five sen, while eligible recipients of government fuel subsidies remain protected from higher market prices.
The Ministry of Finance (MOF) said the revised prices, effective from Oct 15 to 21, were set under the Automatic Pricing Mechanism (APM).
Unsubsidised RON95 will fall to RM4.62 per litre from RM4.67, while RON97 will decline to RM5.10 from RM5.15. Unsubsidised diesel will be priced at RM5.17 per litre, down from RM5.27.
Eligible Malaysians under the BUDI MADANI RON95 (BUDI95) programme will continue paying RM1.99 per litre, while BUDI MADANI Diesel recipients will pay RM2.10 per litre. Eligible Malaysians can continue purchasing subsidised RON95 and diesel using their MyKad, subject to their respective monthly eligibility limits.
At the revised prices, the government will subsidise RM2.63 per litre of RON95, equivalent to 57 per cent of its unsubsidised price, and RM3.07 per litre of diesel, or 59 per cent of its unsubsidised price.
Prices under the Subsidised Petrol Control System (SKPS) and Subsidised Diesel Control System (SKDS) will also remain unchanged at RM2.05 and RM2.15 per litre respectively.
The ministry said regional supplies of refined petroleum products were showing signs of recovery despite Brent crude prices remaining above US$100 a barrel. China has resumed fuel exports for October, while South Korea continues supplying refined petroleum products to regional markets.
“These developments have helped ease supply pressures,” the ministry said.
However, the widening conflict in West Asia, including attacks in Saudi Arabia last week, has raised the risk of supply disruptions and further petroleum price increases, with volatility expected to persist in the medium term.
As announced in Budget 2027, the government is expected to spend RM40 billion on fuel subsidies next year to support economic growth and protect livelihoods.
“The MADANI Government will continue to adopt a prudent approach to shield the people from price fluctuations while ensuring that the country's fuel supply remains sufficient and secure.” - October 14, 2026