Malaysia Fuel Prices 12–18 November 2026: RON97 Down 50 Sen to RM4.20, RON95 RM3.87, Diesel RM4.87, BUDI95 Still RM1.99

The short version: unsubsidised fuel prices fall for a second straight week for 12 to 18 November 2026, and by more than last week. RON97 drops 50 sen, unsubsidised RON95 40 sen and diesel 25 sen. BUDI95 stays at RM1.99.

This week's prices (12–18 November)

The Finance Ministry sets these prices weekly under the Automatic Pricing Mechanism (APM). They apply from 12 to 18 November.

Why prices fell

According to the ministry, regional refined fuel prices dropped during the APM calculation period, following lower world crude prices and higher regional supply of refined fuel.

The ministry also warned that global oil prices remain highly volatile while the Iran conflict is unresolved. A recent attack on tankers in the Strait of Hormuz shows that the risk of supply disruption hasn't gone away.

How much the government is subsidising

• BUDI95: the government covers RM1.88 a litre, about 49% of the current unsubsidised RON95 price.
• BUDI diesel: the government covers RM2.77 a litre, about 57% of the unsubsidised diesel price.
• The ministry expects fuel subsidies to stay at around RM40 billion next year, as announced in Budget 2027.

Last week's prices

All unsubsidised prices also fell last week (5 to 11 November); see Malaysia Fuel Prices 5–11 November 2026.

FAQ

How long do this week's prices apply?

From 12 to 18 November.

Has BUDI95 changed?

No. It's still RM1.99 a litre.

When are next week's prices announced?

The Finance Ministry usually announces the following week's prices on Wednesday.