Malaysian Fuel Prices Rise Again, Non-Subsidised Petrol Surpasses Rp22,023 per Litre
The Malaysian government has officially raised fuel prices for the period from 26 March to 1 April 2026. The increases affect non-subsidised fuels, including RON 97, RON 95, and diesel in Peninsular Malaysia.
In a statement from the Ministry of Finance on Wednesday (25/3/2026), quoted from thestar.com, diesel prices in Peninsular Malaysia surged by 80 sen to RM5.52 per litre, or Rp23,607 per litre (exchange rate Rp4,276.33/RM).
Meanwhile, diesel prices in Sabah, Sarawak, and Labuan remain unchanged at RM2.15 per litre, or Rp9,194 per litre.
For petrol, RON 97 rose by 60 sen to RM5.15 per litre, or Rp22,023 per litre. RON 95 also increased by 60 sen to RM3.87 per litre, or Rp16,549 per litre, over the same period.
However, the Malaysian government has assured that subsidised fuel prices under the Budi95 programme for RON 95 will remain at RM1.99 per litre, or Rp8,509 per litre, to safeguard public purchasing power.
The Ministry of Finance emphasised that the government will continue to review and adjust retail prices for RON 97, RON 95, and diesel in line with the latest developments in the global oil market, while prioritising price stability.
“The government will also continue to closely monitor global crude oil price trends and take appropriate measures to ensure the well-being and health of the public remain protected,” the statement said.
As is known, several countries in Southeast Asia (ASEAN) have begun raising fuel prices. This is inseparable from geopolitical conflicts in the Middle East, particularly the war involving Iran, Israel, and the United States since late February 2026.
For example, fuel prices in Vietnam have surged sharply since the Middle East conflict erupted, with significant increases particularly for diesel.
Quoting AFP on Wednesday (25/3/2026), based on data from Vietnam’s Ministry of Industry and Trade, diesel prices have more than doubled, or about 105%, since 26 February 2026, just two days before the United States and Israel launched attacks on Iran.
The Vietnamese government set the latest diesel price at 39,660 dong per litre, or US1.50perlitre, approximatelyRp25, 351perlitre(exchangerateRp16, 901/US) on Wednesday, up from 19,270 dong last month. RON 95 petrol also jumped nearly 68%, from 20,150 dong to 33,840 dong per litre over the same period.
Meanwhile, in Singapore, fuel prices as of 20 March 2026 reached nearly Rp55,000 per litre in some cases. At Caltex stations, for instance, RON 98 or Platinum 98 was priced at SGD4.160 per litre, or about Rp54,986 per litre (before discount), or SGD3.952, or about Rp52,237 per litre (after discount).
Diesel was priced at SGD3.730, or Rp49,303 per litre (before discount), and SGD3.544, or Rp46,844 per litre. RON 92 or Regular 92 was SGD3.430 per litre, or Rp45,337 per litre. RON 95 or Premium 95 was SGD3.470, or Rp45,866 per litre.
Fuel Prices in Indonesia
On the other hand, all fuel providers in Indonesia have uniformly increased their fuel prices at stations in March 2026. Those raising prices include PT Pertamina (Persero), Shell Indonesia, BP-AKR, and PT Vivo Energy Indonesia stations.
For example, at Pertamina stations, RON 92 or Pertamax rose to Rp12,300 per litre from Rp11,800 per litre in February. Pertamax Green or RON 95 became Rp12,900 per litre from Rp12,450 per litre.
Pertamax Turbo also rose to Rp13,100 per litre from Rp12,700 per litre. Dexlite increased to Rp14,200 per litre from Rp13,250 per litre. Pertamina Dex rose to Rp14,500 per litre from Rp13,500 per litre.
Pertamina’s subsidised fuels, such as RON 90 or Pertalite, saw no increase and remain at Rp10,000 per litre. Subsidised diesel also stays the same at Rp6,800 per litre.