Retail Fuel Prices on the Rise?

 

The price of RON97 and unsubsidised RON95 petrol was increased by 60 sen nationwide from 26 March 2026, while the price of diesel in West Malaysia went up by 80 sen. The finance ministry said the price of RON97 will be fixed at RM5.15 per litre from RM4.55 per litre currently. Meanwhile, the price of unsubsidised RON95 fuel will be fixed at RM3.87 per litre, up from RM3.27. The price of diesel in West Malaysia will be fixed at RM5.52 per litre, up from RM4.72 per litre.

 

 

Subsidised RON95 petrol under the BUDI95 programme will remain at RM1.99 per litre, while diesel in Sabah, Sarawak and Labuan stays at RM2.15 per litre. These prices are effective until April 1. 

The ministry said the prolonged conflict in West Asia has driven global crude oil prices up by more than 40%, surpassing US$100 per barrel, thereby increasing the risk of disruptions to global oil supply. 

The measures include maintaining the price for subsidised RON95 while retaining the price of RM2.15 per litre for diesel used by public transport and land logistics. 

The main impact on consumers will be indirect. Transportation of goods will be become more expensive. Some have warned prices could rise by up to 50%. Businesses may face a sharp increase in costs. FMM estimates production costs could rise by 6% to 10%. Several sectors are impacted – form good to construction. That’s not good news to a fixed wage employee. 

Reference: 

RON97, unsubsidised RON95 rise 60 sen, diesel up 80 sen in West Malaysia, FMT Reports, FMT, 25 March 2026