Finance Ministry: Unsubsidised petrol, diesel prices rise 25 sen per litre from tomorrow
KUALA LUMPUR, Sept 9 — The retail prices of RON97 petrol, unsubsidised RON95 petrol and unsubsidised diesel will e...
On September 10, Malaysia's Finance Ministry announced a 25 sen per litre increase in the retail prices of RON97 petrol, unsubsidised RON95 petrol, and unsubsidised diesel. The price of RON97 will rise from RM4.25 to RM4.50 per litre, while RON95 will increase from RM3.77 to RM4.02 per litre. Unsubsidised diesel will also see a 25 sen increase, rising from RM4.67 to RM4.92 per litre.
The ministry cited global crude oil price fluctuations, geopolitical tensions between the United States and Iran, and disruptions in West Asian refining capacity and Russian refineries as reasons for the price hike. Despite the increase, the Madani Government pledged to protect consumers and businesses from the impact of global uncertainties through targeted subsidies.
Budi95 and Budi Diesel recipients will continue to pay RM1.99 and RM2.10 per litre, respectively, with the government bearing a 50% and 57% subsidy, respectively. The monthly eligibility limit for Budi95 and Budi Diesel was increased to 300 litres and 400 litres, respectively.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
