Right now, filling up your car with RON95 at RM1.99 per litre feels like a blessing. Cheap, convenient, and something most Malaysians take for granted.
But here’s the uncomfortable truth…
That price isn’t real.
The actual market price of RON95 is estimated to be around RM3.87 per litre. The difference? The government is quietly covering nearly RM1.88 for every litre you pump.
Sounds generous… but it comes at a cost.
💸 From RM700 Million to RM4 Billion… Every Month
Fuel subsidies in Malaysia have skyrocketed.
- Previously: ~RM700 million/month
- Now: Up to RM4 billion/month
That’s more than 5X increase.
To put it into perspective, that amount could build dozens of hospitals monthly—but instead, it’s being used just to keep fuel prices low.
🌍 Why Is This Happening?
Global factors are driving prices up:
- Ongoing geopolitical tensions (like Iran–US conflict)
- Rising global oil demand
- Potential oil prices hitting USD120–USD180 per barrel
The higher the global price, the bigger the subsidy gap the government must cover.
And that’s where things get serious…
📈 Proposed Price: RM2.87 per Litre
An economic research group has already suggested a new approach:
👉 Reduce subsidy support
👉 Let consumers bear part of the cost
If implemented, RON95 could rise to RM2.87 per litre
🚗 What This Means For You
Let’s break it down:
- Current full tank (40L): ~RM80
- New price (RM2.87): ~RM115
- Extra per fill: RM35
If you pump 3–4 times a month, that’s:
👉 RM100+ extra monthly
And that’s just fuel…
Once petrol prices rise, everything else follows:
🍛 Food
📦 Online shopping
🚚 Logistics
💸 Cost of living
⚠️ Early Signs Are Already Here
- RON95 subsidy quota reduced from 300L → 200L/month
- Policy discussions already submitted to the government
- Gradual “testing the waters” has begun
This is no longer a question of if…
👉 It’s when.
💡 Is There Any Hope?
Yes—but it’s limited.
When oil prices rise:
- Petronas profits increase
- Government may receive higher dividends (like RM50 billion in past years)
However…
👉 Subsidy costs are rising faster than national income
Meaning even strong oil profits may not be enough to fully cushion the impact.
🔥 The Big Question
Are Malaysians ready to pay RM2.87 per litre for RON95?
Or should the government find another solution?
Drop your thoughts—because this affects everyone.
💰 While Costs Are Rising… Here’s How You Can Stay Ahead
If expenses are about to increase, the smartest move is to secure extra financial flexibility now.
That’s where GXBank comes in 👇
✨ Get access to:
- Personal & business credit limits up to RM150,000
- Instant withdrawals when you need it most
🎁 Plus, you can earn up to RM225 in rewards:
👉 RM100 when you apply for FlexiCredit & make your first drawdown
👉 RM125 when you apply for Biz FlexiLoan & withdraw
📲 Get started here:
https://gxbank.onelink.me/hSCE/x7n11mx2
👉 Use code: MOHD3105
Or open the GXBank app → Tap your name → Create a new account
🚀 Don’t Wait Until Prices Go Up
Fuel prices may rise. Living costs may increase.
But your financial strategy? That’s something you can control.
👉 Prepare early. Stay ahead. Be smart with your money.
