October 29: Malaysia’s unsubsidised petrol and diesel prices increase for October 29–November 4, while the main subsidised rates remain unchanged. The Finance Ministry announced the weekly schedule on October 28, making eligibility as important as the headline pump price.
Key highlights
- Unsubsidised RON95 rises by 10 sen to RM4.42 per litre.
- RON97 rises by 10 sen to RM4.90.
- Unsubsidised diesel rises by 20 sen to RM5.27.
- Eligible BUDI95 purchases remain RM1.99 per litre.
The new weekly schedule
| Fuel or programme | Previous RM/litre | New RM/litre |
|---|---|---|
| RON95, unsubsidised | 4.32 | 4.42 |
| RON97 | 4.80 | 4.90 |
| Diesel, unsubsidised | 5.07 | 5.27 |
| BUDI95 | 1.99 | 1.99 |
| BUDI diesel | 2.10 | 2.10 |
| SKPS | 2.05 | 2.05 |
| SKDS | 2.15 | 2.15 |
The ministry’s Automatic Pricing Mechanism release links the adjustment to international petroleum conditions and uncertainty in West Asia. Its subsidised programme rates apply under their respective rules; they are not a universal alternative price available to every buyer.
What a 50-litre purchase would cost
Our calculation: At the new unsubsidised RON95 rate, an illustrative 50-litre purchase costs RM221, compared with RM216 under the previous schedule: RM5 more. RON97 would cost RM245 instead of RM240, also RM5 more. Unsubsidised diesel would cost RM263.50 instead of RM253.50, a RM10 increase.
The same 50 litres at the BUDI95 rate would be RM99.50, where the buyer and transaction qualify. This is arithmetic for a stated purchase volume, not an estimate of the average Malaysian household’s fuel spending or an entitlement to a particular quantity.
Why eligibility matters
A driver comparing prices should first identify the applicable fuel, programme and transaction conditions. A subsidy headline by itself cannot establish what a particular motorist will pay. The receipt and the station’s displayed price provide the immediate check after purchase.
The distinction also matters to businesses budgeting transport expenses. A fleet purchasing at a commercial unsubsidised rate faces a different calculation from an eligible subsidised user. Multiplying a weekly price change by an assumed national consumption figure would not reliably establish a company’s bill.
The Press of Asia recently reported on subsidy-control issues. This announcement concerns the new weekly prices; it should be read separately from individual eligibility or enforcement decisions.
What to watch
This schedule covers October 29 through November 4. Motorists planning a later journey should check the next Finance Ministry announcement rather than assume these prices will continue. Keep any payment or subsidy-query documentation if the amount charged does not match the rate applicable to the transaction.
Sources
The Business Desk covers markets, the economy, companies and personal finance. Stories are checked against at least two credible sources before publication.
