Fuel price update: Malaysia cuts RON97, RON95 and diesel prices for 25-30 June 2026

Motorists will pay less at the pump this week after lower global oil prices led to reductions across petrol and diesel. However, the government has cautioned that uncertainties in the international energy market remain.

Malaysia's retail prices for petrol and diesel have been reduced for the period from 25 to 30 June 2026, following a decline in average international fuel prices recorded in the previous week.

According to the Ministry of Finance, the latest adjustment was made in line with the country's Automatic Pricing Mechanism (APM) formula and reflects more favourable developments in the global oil market.

Under the revised rates, the retail price of RON97 has been reduced by RM0.25 to RM4.10 per litre, a decrease from RM4.35 per litre previously.

RON95, excluding subsidies, has also been lowered by RM0.25, from RM3.72 per litre to RM3.47 per litre.

Meanwhile, diesel prices in Peninsular Malaysia have fallen by RM0.30, decreasing from RM4.37 per litre to RM4.07 per litre.

The Ministry said the reductions were driven by moderating global crude oil prices and more positive developments in the conflict in West Asia, which contributed to improved market conditions.

The updated fuel prices for the period of 25 to 30 June 2026 are as follows:

Despite the latest decrease, the Ministry noted that uncertainties continue to weigh on the global petroleum market in the medium term.

Among the risks highlighted are the possibility that ongoing peace negotiations may not reach a final settlement, the time required for global supply chains to recover fully, as well as inventory levels and logistics costs that have yet to return to pre-conflict conditions.

In light of these challenges, the government said it is working to strengthen long-term fuel supply security through strategic collaborations with international partners, including Turkmenistan and Russia.

While fuel supplies in Malaysia remain sufficient for now, the government has encouraged the public to adopt fuel-saving practices. It noted that better travel planning and reducing unnecessary journeys can help conserve fuel usage while easing pressure on subsidy spending.

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Lead image / Ministry of Finance