THE Ministry of Finance (MOF) keeps retail fuel prices unchanged for the week from 9 to 15 July, 2026 as easing global crude oil prices helped offset renewed geopolitical tensions arising from the latest escalation in the Middle East.
MOF said retail prices under the Automatic Pricing Mechanism (APM) would remain unchanged after international petroleum prices retreated from peaks reached during the recent regional conflict.
For the period from 9 to 15 July 2026, the retail price of RON97 petrol remains unchanged at RM4.00 per litre.
The unsubsidised retail price of RON95 remains at RM3.37 per litre, while unsubsidised diesel continues at RM3.97 per litre.
Subsidised fuel prices also remain unchanged, with RON95 under the BUDI95 programme maintained at RM1.99 per litre and diesel under the BUDI Diesel programme remaining at RM2.10 per litre.
Under the Subsidised Petrol Control System (SKPS), RON95 will continue to be priced at RM2.05 per litre, while diesel under the Subsidised Diesel Control System (SKDS) remains at RM2.15 per litre.
The ministry said crude oil prices moderated over the previous week as geopolitical risk premiums eased, global supply chains improved and competition among major oil producers intensified. However, it cautioned that the latest United States strikes on Iran underscore the continuing risk of supply disruptions and price volatility until a lasting resolution to the conflict is achieved.
While global oil markets are expected to remain broadly supported by recovering production and softer demand growth over the medium term, the ministry said any renewed disruption to major international shipping routes could quickly trigger sharp fluctuations in energy prices.
Despite the uncertain global outlook, the Government said Malaysia's domestic fuel supply remains stable and sufficient. - July 8, 2026
