World · Malaysia Bureau
Malaysia cuts unsubsidised fuel prices as international crude retreats
Unsubsidised petrol prices in Malaysia have fallen by 5 sen per litre, while diesel declined 15 sen, effective through 7 October. The adjustment reflects softer global oil market conditions.
LSN Malaysia ·
Malaysia's unsubsidised fuel prices have been reduced, with petrol dropping 5 sen per litre and diesel falling 15 sen per litre in the latest adjustment cycle.
The price cuts took effect following a review of international crude oil benchmarks and are set to remain in place until 7 October.
The decline in unsubsidised fuel costs comes as global oil markets continue to experience volatility. Malaysia maintains a dual-pricing system for fuel, with subsidised rates for domestic consumers and separate unsubsidised prices that serve as reference points for certain market segments.
The energy ministry regularly reviews fuel prices to reflect movements in international crude oil markets and foreign exchange fluctuations. The timing of price adjustments typically occurs on a fortnightly basis, providing consumers with updated rates based on prevailing global conditions.