Government maintains subsidised prices amid global oil market volatility

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The government is maintaining targeted subsidised fuel prices for the public and specific sectors despite volatility in the global oil market. - Photo by Bernama

The Ministry of Finance said the subsidised price of RON95 under the Budi Madani Programme (BUDI95) will be maintained at RM1.99 per litre from April 9 to 15.

KUALA LUMPUR - The government is maintaining targeted subsidised fuel prices for the public and specific sectors despite volatility in the global oil market.

The Ministry of Finance said the subsidised price of RON95 under the Budi Madani Programme (Budi95) will be maintained at RM1.99 per litre from April 9 to 15.

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It said the unsubsidised retail price of the fuel will increase by 40 sen to RM4.27 per litre.

"For diesel, the subsidised retail price in Sabah, Sarawak and Labuan will remain at RM2.15 per litre, while the unsubsidised price in Peninsular Malaysia will increase by 70 sen to RM6.72 per litre for the same period,” it said in a statement today.

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Since April 1, the Budi95 eligibility limit has been temporarily adjusted to 200 litres per month, alongside diesel purchase limits to curb leakages and smuggling in Sabah, Sarawak and Labuan. - Bernama