Business · Malaysia Bureau
Malaysia cuts fuel prices as RON97 drops 20 sen per litre
Malaysia's Finance Ministry announced fuel price reductions effective tomorrow, with RON97 falling 20 sen per litre to RM4.70, while RON95 and diesel both decline by 15 sen each.
LSN Malaysia ·
KUALA LUMPUR — The retail price of RON97 petrol will decrease by 20 sen per litre to RM4.70 from tomorrow, the Finance Ministry announced Monday, marking the latest adjustment to Malaysia's weekly fuel pricing mechanism. RON95 petrol and diesel are set to fall by 15 sen per litre each under the new price structure. The price adjustments reflect fluctuations in global crude oil markets and are implemented on a weekly basis to align domestic fuel costs with international benchmarks. Malaysia maintains a dual pricing system, with RON97 operating on an unsubsidised basis while RON95 continues to receive government support to keep pump prices affordable for consumers. The weekly fuel price reviews have become a standard feature of Malaysia's energy policy, allowing the government to balance fiscal considerations with consumer affordability concerns.