Malaysia Fuel Prices This Week: RON95, RON97 & Diesel Updates
Get the latest petrol prices for RON95, RON97, and diesel in Malaysia. We explain the current subsidy status and how it affects your car rental travel budget.
Official Fuel Prices (18 - 24 June 2026)
The Ministry of Finance has announced the retail prices for petroleum products for the upcoming week, effective from 12:01 AM on June 18, 2026, until 11:59 PM on June 24, 2026. These prices are determined by the Automatic Pricing Mechanism (APM) formula, which accounts for global crude oil prices.
- RON97: RM4.35 per litre (unchanged)
- RON95 (Unsubsidised): RM3.72 per litre (unchanged)
- Diesel (Peninsular Malaysia): RM4.37 per litre (down 30 sen)
- Diesel (Sabah, Sarawak & Labuan): RM2.15 per litre (ceiling price)
Price Movements Over the Past Month
Looking at the trend over the last month, unsubsidised fuel prices have generally moved downwards. For comparison, on May 28, 2026, RON97 was priced at RM4.65, unsubsidised RON95 at RM3.92, and diesel at RM4.87 per litre. Petrol prices have remained stable for the past three weeks, while diesel in the Peninsula saw a significant drop this week. These fluctuations are closely tied to the price of Brent crude oil, which stood at approximately US$80.59 per barrel as of June 19, 2026.
Understanding the BUDI MADANI (BUDI95) Subsidy
The Malaysian government has implemented a targeted subsidy program for RON95 fuel, known as BUDI MADANI. Under this initiative, eligible Malaysian citizens can purchase RON95 at a subsidised rate of RM1.99 per litre. A temporary monthly quota of 200 litres per recipient is currently in effect. It is important to note that rental vehicles, being registered to a company, are generally not eligible for this individual-based subsidy. Therefore, car rental users should expect to refuel at the unsubsidised market price.
Estimating Your Road Trip Fuel Cost
To put these prices into perspective, let's estimate the fuel cost for a round trip from Seremban to Penang, covering a distance of about 700 kilometres. Using a modern, fuel-efficient car from our 2024-2026 fleet, which averages around 21 km per litre, you would require approximately 34 litres of petrol. Based on the current unsubsidised RON95 price of RM3.72 per litre, the total fuel cost for this journey would be around RM126. This cost is borne by the renter and is separate from the vehicle rental fee.
How This Affects Your JRV Rental
While fuel is a primary travel expense, JRV Car Rental Services helps you manage other costs for a worry-free journey. Our unlimited mileage policy for travel throughout Peninsular Malaysia means you don't have to watch the odometer or worry about extra per-kilometre charges. You only need to budget for fuel and tolls. Furthermore, our zero-deposit policy on all vehicles helps with your cash flow, freeing up funds for other trip expenses. For any assistance, our team is available 24/7 on WhatsApp at +60 12-656 5477.
FAQ
Do rental cars in Malaysia use subsidised petrol?
Rental cars are registered to a business and are therefore not eligible for the individual-based BUDI MADANI subsidy. Renters should expect to pay the unsubsidised price for RON95 fuel.
Is the price of diesel the same across all of Malaysia?
No, it is not. In Peninsular Malaysia, the retail price is RM4.37 per litre, while in Sabah, Sarawak, and Labuan, the price remains capped at RM2.15 per litre.
What does 'unlimited mileage' mean for my rental?
Unlimited mileage means you can drive anywhere within Peninsular Malaysia without incurring extra charges based on the distance travelled. This makes your final rental cost predictable and is ideal for long road trips.
How can I estimate the fuel cost for my planned trip?
First, estimate the total distance of your trip in kilometres. Divide this by the car's average fuel consumption (km/l), then multiply the result by the current price of fuel per litre to get your approximate cost.