Malaysia Fuel Prices 29 Oct–4 Nov 2026: RON95 RM4.42, BUDI95 RM1.99, Diesel RM5.27

Updated: 29 October 2026 (Malaysia time). Malaysia's new weekly retail fuel prices take effect Thursday, 29 October through Wednesday, 4 November 2026. The biggest distinction is between unsubsidised retail prices and targeted BUDI MADANI prices. Unsubsidised RON95 and RON97 each rise 10 sen per litre; unsubsidised diesel in Peninsular Malaysia rises 20 sen. Eligible BUDI95 recipients still pay RM1.99 per litre. Sources: The Edge reporting the Ministry of Finance statement, 28 October and RTM's weekly price notice.

Fuel price table: 29 Oct–4 Nov 2026

The RM5.27 diesel line refers to the relevant unsubsidised category in Peninsular Malaysia. Do not automatically assume the same diesel pricing applies in Sabah, Sarawak or Labuan. Subsidised categories have specific eligibility and programme conditions.

RON95 RM4.42 and BUDI95 RM1.99: why are both quoted?

They are not two conflicting announcements. RM4.42 is the week's unsubsidised RON95 reference price, while RM1.99 remains the targeted BUDI95 price for eligible recipients. The same distinction exists between the unsubsidised diesel reference and the eligible BUDI Diesel rate.

Eligibility is not established merely by being Malaysian or by seeing a price quoted in a social post. The Ministry of Finance previously announced a return to a 300-litre general monthly basic quota from 1 September 2026 for eligible BUDI MADANI programmes, but individual and programme rules still apply. See MOF's quota announcement.

What do 40L and 60L mean as a simple cost illustration?

The following figures are arithmetic examples, not receipts, a recommendation to purchase any quantity, or an eligibility estimate. Multiply the same hypothetical volume by the two published RON95 price categories:

A household's actual expenses depend on applicable eligibility, the product category and other personal circumstances. This table illustrates the difference between two price categories; it does not establish anyone's entitlement.

Why did the prices change this week?

According to MOF's 28 October statement, energy-market price movements reflected supply uncertainty and geopolitical risks in West Asia, alongside movements in regional refined-product markets. The government said targeted subsidies would continue as a way of moderating the impact of global volatility. That is an explanation of the published weekly change, not a prediction for November's future adjustments. The Edge, 28 October 2026.

Misunderstandings worth avoiding

“RON95 now costs RM4.42 for everyone.” No. The eligible BUDI95 category remains RM1.99 during this period.

“Diesel costs RM5.27 in every Malaysian state.” No. The published unsubsidised Peninsular Malaysia figure cannot be applied indiscriminately across all states and schemes.

“RON97 and RON95 are the same price because both increased 10 sen.” They rose by the same amount, but their listed retail prices remain different.

“This is the permanent new price.” It is the official 29 October–4 November 2026 weekly schedule, not a permanent tariff.

Frequently asked questions

When will the next weekly prices apply? Check the next MOF announcement after the current period ends on 4 November 2026.

Does BUDI95 still exist? The Ministry says the eligible subsidised rate continues at RM1.99/L for this weekly period.

Are the 40L and 60L examples actual transaction totals? No. They are rounded arithmetic illustrations using the listed per-litre prices only.

Where should I verify future changes? Monitor the Ministry of Finance and the official Malaysia weekly fuel-price dataset. Older screenshots may show a different week's rates.

Sources: MOF statement as reported by The Edge, RTM's weekly announcement, MOF BUDI MADANI quota statement. Please check a new publication for prices applicable from 5 November onward.