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RON97 and unsubsidised RON95 fall 5 sen, diesel down 10 sen from 15 October

RON97 falls to RM5.10, unsubsidised RON95 to RM4.62 and diesel to RM5.17 a litre from 15 to 21 October. BUDI95 stays at RM1.99.

Published 2 min read

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A Petronas petrol station at Persiaran Indah, with pumps under a green canopy and tall apartment blocks behind
Photo: Chongkian, CC BY-SA 4.0, via Wikimedia Commons

The retail prices of RON97, unsubsidised RON95 and unsubsidised diesel fall from today, 15 October, until 21 October, the Finance Ministry said in a statement yesterday. RON97 and unsubsidised RON95 each go down 5 sen a litre, while diesel drops 10 sen. The subsidised prices paid by eligible Malaysians are unchanged.

New prices per litre

Fuel Last week 15 to 21 October Change
RON97 RM5.15 RM5.10 down 5 sen
Unsubsidised RON95 RM4.67 RM4.62 down 5 sen
Unsubsidised diesel RM5.27 RM5.17 down 10 sen

Prices are set every week under the Automatic Pricing Mechanism (APM).

Subsidised prices stay put

  • BUDI95 (RON95): RM1.99 a litre
  • BUDI Diesel: RM2.10 a litre
  • SKPS (subsidised petrol): RM2.05 a litre
  • SKDS (subsidised diesel): RM2.15 a litre

According to The Vibes and Berita RTM, at the new prices the government covers RM2.63 a litre for RON95 (57 per cent of the unsubsidised price) and RM3.07 a litre for diesel (59 per cent).

What the ministry said

The Finance Ministry said signs that regional refined fuel supplies are recovering support the local price cut. It said China has allowed fuel exports again for October and South Korea continues to supply regional markets, even though Brent crude stays above US$100 a barrel.

The ministry also warned that the widening conflict in West Asia, including attacks in Saudi Arabia last week, raises the risk of supply disruptions and further price increases. It expects volatility to persist in the medium term.

As announced in Budget 2027, the government expects to spend RM40 billion on fuel subsidies next year, the ministry added. It urged the public to conserve fuel and plan trips efficiently. More on the Budget's subsidies and other aid is in Budget 2027, what changes for your wallet.

What it means for you

Drivers who buy RON95 with their MyKad under BUDI95 will not feel this change, as their price stays at RM1.99. The cut applies only to buyers of RON97, unsubsidised RON95 and unsubsidised diesel. The next prices should be announced before 22 October, as the current rates are valid until 21 October.

Sources

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The saksama editorial team