The Ministry of Finance has announced adjustments to retail fuel prices in Peninsular Malaysia for the period between 12 and 18 March 2026, following an increase in global oil market prices.
According to the latest update, RON97 petrol has risen by 60 cents to RM3.85 per litre, while RON95 petrol without subsidy has also increased by 60 cents to RM3.27 per litre. The subsidised RON95 (BUDI95), however, remains unchanged at RM1.99 per litre, ensuring continued affordability for eligible consumers.
For diesel users, Peninsular Malaysia diesel has recorded an increase of 80 cents, bringing the price to RM3.92 per litre. Meanwhile, diesel in Sabah, Sarawak, and Labuan remains at RM2.15 per litre, reflecting the government’s commitment to maintaining stable fuel costs in East Malaysia.
The Ministry highlighted that the MADANI government will continue to safeguard Malaysians through targeted subsidy initiatives under the BUDI MADANI programme, alongside additional cash assistance. These measures are intended to cushion the impact of volatile global oil prices and ensure that vulnerable groups remain protected.
Fuel price adjustments are part of Malaysia’s weekly pricing mechanism, which reflects changes in international market trends. The government’s targeted subsidy approach aims to balance fiscal responsibility with public welfare, ensuring that assistance reaches those most in need.
For Sarawak, the retention of diesel prices at RM2.15 per litre is particularly significant, given the state’s reliance on transportation for both urban and rural communities. Stable diesel costs are expected to help ease the burden on logistics, agriculture, and small businesses across the region.
As global oil markets continue to face uncertainty, the government has reiterated its commitment to monitoring developments closely and adjusting policies where necessary to protect consumers while maintaining economic stability.
