Malaysia

Govt cuts RON97 and diesel prices by 8 sen following global oil trends

Finance Ministry says retail fuel price adjustments aim to maintain stability amid global market fluctuations

Updated 1 year ago · Published on 07 May 2025 4:24PM

Govt cuts RON97 and diesel prices by 8 sen following global oil trends
The Ministry of Finance said the move reflects current trends in global oil prices and aims to support price stability - May 7, 2025

THE government has announced a reduction in retail prices for RON97 petrol and diesel in Peninsular Malaysia by 8 sen per litre, effective from 8 May to 14 May 2025.

From 8 May, RON97 will be priced at RM3.10 per litre, while diesel in Peninsular Malaysia will be sold at RM2.80 per litre.

The price of RON95 petrol remains unchanged at RM2.05 per litre, and diesel in Sabah, Sarawak, and Labuan will stay at RM2.15 per litre, a statement released by the Ministry of Finance today said.

“The Government will continue to monitor market developments and adjust the RON97 and diesel fuel’s retail prices based on global oil market fluctuations, whilst supporting price stability,” the Finance Ministry said in a statement.

The weekly fuel pricing is determined using the Automatic Pricing Mechanism (APM), which adjusts prices in response to changes in the global petroleum market.

The Ministry reiterated its commitment to taking appropriate measures to protect public welfare amid shifting economic conditions. - May 7, 2025

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