The government has announced an adjustment to retail fuel prices in Malaysia for the period from 12 to 18 March 2026, following the increase in oil prices in the global market.
This price increase involves petrol and diesel in Peninsular Malaysia, while fuel prices in Sabah, Sarawak and Labuan remain unchanged.
For the period, the price of RON97 was increased by 60 sen to RM3.85 per liter. At the same time, the price of RON95 without subsidy also increased by 60 sen to RM3.27 per liter.
However, the price of RON95 subsidized under the BUDI95 scheme remains at RM1.99 per liter, as a government measure to ensure that eligible groups continue to receive protection from fuel price increases.
Meanwhile, diesel prices in Peninsular Malaysia recorded a higher increase when they increased by 80 sen to RM3.92 per liter.
Unlike the Peninsula, diesel prices in Sabah, Sarawak and Labuan remained at RM2.15 per litre, maintaining the existing price structure in the regions.
This price adjustment was made as the global energy market continues to face uncertainty, particularly due to geopolitical tensions that have affected global crude oil supply and prices.
The government stated that the targeted subsidy approach through the BUDI MADANI initiative will continue to be implemented to protect Malaysians from cost of living pressures.
In addition, the government also reiterated its commitment to providing additional cash assistance to eligible groups to mitigate the impact of fuel price increases in the context of the still unstable global oil market.
