KUALA LUMPUR — The retail price of diesel in Peninsular Malaysia has risen by 50 sen to RM6.02 per litre for the period of April 2 to 8, as the prolonged global energy crisis continues to drive up fuel costs.
The latest increase follows last week’s rate of RM5.52 per litre.
In a statement issued on Wednesday, the Finance Ministry said the sustained crisis had pushed global Brent crude prices up by more than 40 per cent, breaching the US$100 per barrel threshold.
“More critically, the prices of refined petrol and diesel have also surged sharply to US$150 per barrel and US$250 per barrel respectively, placing pressure on the retail selling prices of both products,” the ministry said.
At the same time, the ministry announced that the retail price of RON97 has been reduced by 2 sen to RM4.95 per litre, from RM5.15 previously.
The unsubsidised retail price of RON95 remains unchanged at RM3.87 per litre, while the subsidised BUDI95 rate stays at RM1.99 per litre.
“The government continues to maintain targeted subsidised prices for the people and selected sectors, including RON95 (BUDI95) at RM1.99, diesel in Sabah, Sarawak and Labuan (RM2.15), the Subsidised Petrol Control System (RM2.05) and the Subsidised Diesel Control System (RM2.15) for every litre,” the statement said.
The ministry said the BUDI95 eligibility cap has been revised to 200 litres per month, while diesel purchase limits are also being enforced in Sabah, Sarawak and Labuan to curb leakages and smuggling.
Under the revised limits, light public land transport vehicles, goods vehicles and private vehicles are capped at 50 litres per transaction. Public transport vehicles and goods vehicles weighing no more than three tonnes are permitted up to 100 litres per purchase.
“Vehicles exceeding three tonnes are allowed to purchase up to 150 litres per transaction,” the statement said.
The Finance Ministry added that a proposal to increase and expand diesel subsidies for players in the agricultural sector has been submitted to the Cabinet for consideration.
The ministry stressed that the government remains committed to shielding the public from the full impact of rising global oil prices.
“The government is committed to ensuring that the people do not fully bear the impact of the rise in global oil prices.
“Since the West Asian crisis erupted, the government has not fully floated retail pump prices and has instead continued to absorb part of the petrol and diesel subsidy costs for three consecutive weeks.
“Therefore, efforts to maintain subsidised petroleum prices for the people and selected sectors will continue to be strengthened to contain the rise in goods prices and protect the people’s wellbeing,” it said. – April 1, 2026