
By GLORIA HARRY BEATTY
RON95 petrol prices will increase by 20 sen to RM4.07 per litre, while RON97 will rise by 15 sen to RM4.85 per litre for the period from May 21 to May 27, 2026, as the government urged prudent fuel consumption amid continued uncertainty in global energy markets.
Under the Automatic Pricing Mechanism (APM), diesel prices in Peninsular Malaysia will also increase by 10 sen to RM4.97 per litre from RM4.87 previously.
In a statement today, the Ministry of Finance (MOF) said prolonged geopolitical tensions in West Asia, which have continued for more than 11 weeks without signs of resolution, had intensified pressure on global crude oil and petroleum prices. Brent crude oil is currently around US$110 (RM436.62) per barrel, nearly 60% higher than the pre-conflict level of about US$70 (RM277.85) per barrel.
The ministry said logistics costs and insurance premiums had also increased significantly due to shipping risks through conflict zones, adding further pressure to petroleum product prices. It added that disruptions to global oil supply were worsening as the conflict continued.
According to MOF, the Strait of Hormuz accounts for around 20% of global petroleum supply, while damage to oil production and refining facilities in West Asia would take time to restore.
“In conditions where global markets remain uncertain, the Madani government calls on the people to continue practising prudent fuel consumption to help extend national fuel supply. Daily travel planning can also help fuel use become more efficient,” the ministry said.
At the same time, the government said subsidised fuel prices would continue to be maintained under targeted subsidy programmes. Subsidised prices remain at RM1.99 per litre for BUDI95 recipients, RM2.15 per litre for diesel users in Sabah, Sarawak and Labuan, RM2.05 per litre under Subsidised Petrol Control System (SKPS) and RM2.15 per litre under Subsidised Diesel Control System (SKDS) .
MOF said more than 14 million eligible recipients continue to benefit under BUDI Madani RON95, with more than 90% of RON95 consumed in Malaysia used by eligible recipients receiving subsidies.
At the current unsubsidised RON95 price of RM4.07 per litre, usage of 200 litres would cost RM814, meaning the government bears RM416 per recipient using the full BUDI95 allocation.
With a monthly eligibility ceiling of up to 200 litres, BUDI95 recipients pay up to RM398 per month for full entitlement usage. The government said it would continue balancing cost-of-living concerns and fiscal spending while ensuring national fuel supply remains sufficient and secure.
The post Malaysia fuel prices May 21–27: RON95 up 20 sen to RM4.07, RON97 rises to RM4.85 appeared first on The Malaysian Reserve.


