Malaysia will raise prices for unsubsidized RON95 and RON97 petrol starting April 30, ending a brief run of declines over the past two weeks, FMT reported Wednesday, citing the Finance Ministry said.
RON95 increased by 0.10 ringgit to 3.97 ringgit per litre, while RON97 is set to go up by 0.05 ringgit to 4.90 ringgit per litre. Diesel prices in Peninsular Malaysia will remain unchanged at 5.12 ringgit per litre.
Subsidised fuel rates are unchanged, with RON95 under the BUDI95 scheme staying at 1.99 ringgit per litre, and diesel in Sabah, Sarawak and Labuan maintained at 2.15 ringgit. Other controlled schemes, including SKPS and SKDS, also remain steady until May 6, reportedly.
The ministry said global oil prices remain high due to supply disruptions from damaged facilities in the Middle East. It urged careful fuel use, adding that the government will keep working to reduce the impact of rising energy costs on consumers, the news outlet said.
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