Diesel price falls to RM5.12 per litre starting today

Despite the adjustments, petroleum prices remain high compared to pre-conflict levels.

23 Apr 2026 07:33am
The retail price of diesel in Peninsular Malaysia has dropped 85 sen to RM5.12 per litre for the period from today to April 29, 2026, compared to RM5.97 per litre previously, according to the Finance Ministry. Bernama FILE PIX
The retail price of diesel in Peninsular Malaysia has dropped 85 sen to RM5.12 per litre for the period from today to April 29, 2026, compared to RM5.97 per litre previously, according to the Finance Ministry. Bernama FILE PIX

KUALA LUMPUR - The retail price of diesel in Peninsular Malaysia has dropped 85 sen to RM5.12 per litre for the period from today to April 29, 2026, compared to RM5.97 per litre previously, according to the Finance Ministry (MOF).

In a statement, the ministry announced that the retail price of RON97 has been set at RM4.85, down 25 sen from the previous RM5.10 per litre, while RON95 without subsidy has dropped 15 sen to RM3.87 per litre from RM4.02.

"In line with the Automatic Pricing Mechanism (APM) formula, for this week, the retail price of diesel in Peninsular Malaysia and the retail prices of RON95 and RON97 petrol have been reduced following the decline in international market prices.

The retail price of diesel in Peninsular Malaysia has dropped 85 sen to RM5.12 per litre for the period from today to April 29, 2026, compared to RM5.97 per litre previously, according to the Finance Ministry. Bernama FILE PIX
The retail price of diesel in Peninsular Malaysia has dropped 85 sen to RM5.12 per litre for the period from today to April 29, 2026, compared to RM5.97 per litre previously, according to the Finance Ministry. Bernama FILE PIX

"This week’s price decrease is based on the APM formula which takes into account the average price of the previous week. Despite the adjustments, petroleum prices remain high compared to pre-conflict levels,” he said.

During the same period, MOF informed that the government still maintains subsidised prices targeted at the people and certain sectors

This includes subsidised RON95 (BUDI95) at RM1.99 per litre, diesel in Sabah, Sarawak and Labuan at RM2.15 per litre, Subsidised Petrol Control System (SKPS) at RM2.05 per litre and Subsidised Diesel Control System (SKDS) at RM2.15 per litre.

According to MOF, with the ongoing conflict in West Asia, the government will continue to closely monitor current developments and take steps to secure fuel supply, while protecting the people and economic sectors from the full impact of supply chain disruptions.

Although global oil prices are showing signs of decline, he said energy market volatility is still ongoing and supply recovery is not immediate.

"Disruptions to production facilities in West Asia and the logistics chain and global deliveries need time to return to stability,” the statement said.

In this regard, MOF said the MADANI Government will continue to take a prudent approach to protect the people from price fluctuations, while ensuring that the country’s fuel supply remains sufficient and secure.

"During this period, the people are urged to continue to use fuel prudently to help strengthen the stability of the country’s supply,” the statement said. - BERNAMA

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