KUALA LUMPUR, May 13 — Retail prices for RON97, RON95 without subsidy and diesel in Peninsular Malaysia will be lower for the May 14 to 20 period, with RON97 set at RM4.70 per litre, RON95 (without subsidy) at RM3.87 per litre, and diesel at RM4.87 per litre, the Ministry of Finance said.
The ministry said the adjustment was made under the Automatic Pricing Mechanism (APM) following a decline in global market prices, although fuel costs remain elevated compared to pre-conflict levels in West Asia.
It noted that crude oil is still hovering around US$100 per barrel, compared to about US$60 to US$70 before the conflict, with prices also affected by higher logistics and insurance costs as well as risks to supply routes such as the Strait of Hormuz.
“In the current uncertain global market conditions, the Madani government urges the public to continue practising prudent fuel consumption to help extend national supply,” it said in a statement.
Under the revised pricing, RON97 is down 20 sen from RM4.90 per litre, while RON95 without subsidy is down 15 sen from RM4.02 per litre, and diesel in Peninsular Malaysia is down 30 sen from RM5.17 per litre.
The government maintained subsidised prices for targeted groups, with RON95 under Budi95 remaining at RM1.99 per litre, diesel in Sabah, Sarawak and Labuan at RM2.15 per litre, and diesel under SKPS and SKDS at RM2.05 and RM2.15 per litre respectively.
The ministry said it will continue balancing cost-of-living support with fiscal prudence while ensuring stable fuel supply.
