Unsubsidised petrol, diesel prices down 5 sen
RON97 now sells at RM4.35 a litre and unsubsidised RON95 at RM3.77, with the prices in force until Aug 12.
Unsubsidised petroleum product prices have been reduced by 5 sen a litre for the latest weekly period.
RON97 is now priced at RM4.35 a litre, while unsubsidised RON95 is sold at RM3.77 a litre.
Unsubsidised diesel is priced at RM4.57 a litre. All the prices are in force until Aug 12.
Subsidised fuel prices, meanwhile, remain unchanged. RON95 under the BUDI95 programme stays at RM1.99 a litre, while diesel under BUDI Diesel continues to be sold at RM2.10 a litre.
Subsidised prices under the Subsidised Petrol Control System and the Subsidised Diesel Control System are also unchanged, at RM2.05 and RM2.15 a litre respectively.
In a statement, the ministry said the prices of unsubsidised petroleum products were influenced by the movement of crude oil prices on the global market over the past week.
The ministry also urged the public to use fuel prudently, plan journeys more efficiently and cut down on unnecessary travel.
Such steps, it said, would help stretch the country's supply and ease pressure on subsidy spending.
The two-tier structure means motorists who qualify for subsidies continue to pay a fixed and much lower pump price, while buyers outside the subsidy schemes are exposed to weekly swings in global crude oil prices.
Unsubsidised fuel prices in Malaysia are announced weekly and reviewed at the end of each period in force.
This article was produced with the assistance of artificial intelligence (AI), in accordance with our editorial policy.