{
  "id": 9332611,
  "title": "RON97 breaks RM5, diesel hits RM5.42 as fuel prices rise again",
  "url": "https://urgent.news/2026/09/23/ron97-breaks-rm5-diesel-hits-rm5-42-as-fuel-prices-rise-again",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T12:25:00.000Z",
  "source": {
    "name": "The Vibes",
    "slug": "the-vibes",
    "url": "https://www.thevibes.com/articles/news/127618/ron97-breaks-rm5-diesel-hits-rm5.42-as-fuel-prices-rise-again"
  },
  "original_language": "en",
  "account": "Malaysia's unsubsidised RON97 fuel price will surpass RM5 per litre from Thursday, with RON95 and diesel also increasing as global refined petroleum supply constraints continue to elevate market fuel prices. According to the Ministry of Finance, RON97 will rise 20 sen to RM5.05 per litre from RM4.85 under the Automatic Pricing Mechanism (APM). Unsubsidised RON95 will increase 20 sen to RM4.57 from RM4.37, while unsubsidised diesel will climb 15 sen to RM5.42 per litre from RM5.27 for the September 24-30 period. This follows a 35-sen rise in all three fuels a week ago, when RON97 reached RM4.85, RON95 was RM4.37, and diesel was RM5.27. The latest increase underscores the ongoing supply pressures, attributed to disruptions in refined petroleum production in Russia, one of the world's leading diesel exporters, and a 50% drop in West Asian refined petroleum exports between March and August 2026. The ministry remains optimistic that a recovery in global refining capacity and the reopening of petroleum flows through the Strait of Hormuz could alleviate pressure on crude and refined petroleum product prices. However, geopolitical uncertainties are expected to persist, driving price volatility. Despite the higher market prices, Malaysian eligible consumers will still pay RM1.99 per litre for RON95 under the BUDI95 scheme and RM2.10 for diesel under BUDI Diesel. The government subsidises RM2.58 per litre for BUDI95 recipients, accounting for 56% of the unsubsidised RON95 price, and RM3.32 per litre for BUDI Diesel recipients, representing 61% of the unsubsidised diesel price. Under the subsidised fuel schemes, RON95 will remain at RM2.05 under the Sistem Kawalan Petrol Bersubsidi (SKPS), while diesel will stay at RM2.15 under the Sistem Kawalan Diesel Bersubsidi (SKDS).",
  "summary": "MALAYSIA’S unsubsidised RON97 price will rise above RM5 a litre from Thursday, with RON95 and diesel also climbing as continued constraints on global refined petroleum supplies push market fuel prices higher. The Ministry of Finance (MOF) said today ...",
  "key_points": [
    "Malaysia's unsubsidised RON97 fuel price to exceed RM5 per litre from Thursday",
    "Unsubsidised RON95 and diesel also see price increases",
    "Government subsidies keep consumer prices lower than unsubsidised rates"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}