Malaysia Cuts RON97 To RM4.70 As November Fuel Update Lowers Unsubsidised Prices
The Nov. 5–11 rates reduce a 50-litre RON97 purchase by RM10, while eligible BUDI prices remain unchanged.
Malaysia lowered RON97 petrol to RM4.70 a litre and unsubsidised RON95 to RM4.27 for Nov. 5–11, giving motorists paying market prices a smaller fuel bill ahead of the Deepavali weekend. Unsubsidised diesel fell to RM5.12 a litre, while the prices paid by eligible recipients of the main targeted subsidy schemes remained unchanged.
The Finance Ministry's Nov. 4 announcement put the weekly reductions at 20 sen for RON97 and 15 sen each for unsubsidised RON95 and diesel. The preceding prices were RM4.90, RM4.42 and RM5.27 respectively.
That means the same 50-litre purchase costs RM235 for RON97, down from RM245, or RM213.50 for unsubsidised RON95, down from RM221. A 50-litre purchase of unsubsidised diesel costs RM256 instead of RM263.50. These are calculations from the published per-litre rates, rather than estimates of an individual vehicle's tank capacity or fuel consumption.
Different Prices For Different Buyers
Eligible BUDI95 recipients continue to pay RM1.99 a litre for RON95, and eligible BUDI Diesel recipients pay RM2.10 a litre. The ministry also maintained RM2.05 under the subsidised petrol control system and RM2.15 under the subsidised diesel control system.
The difference between market and subsidised prices is therefore larger than this week's reduction. At the current rates, the RON95 gap is RM2.28 a litre, while the diesel gap is RM3.02. For a qualifying 50-litre purchase, those differences amount to RM114 and RM151 respectively. Eligibility and applicable monthly limits determine which price a buyer actually receives.
For a household already buying all its qualifying petrol at RM1.99, the new market-price announcement does not create an additional saving on those litres. The immediate weekly reduction goes to purchases charged at the unsubsidised rates and to RON97 buyers. Comparing the two groups without separating the prices would overstate the change in some households' budgets.
Lower Than Early October, Despite Last Week's Increase
The government's open fuel-price dataset provides a longer comparison. On Oct. 1, market RON95 was RM4.52, RON97 was RM5.00 and diesel was RM5.27. The Nov. 5 prices are consequently 25 sen, 30 sen and 15 sen lower per litre respectively.
Those differences translate to RM12.50 less for 50 litres of market RON95, RM15 less for RON97 and RM7.50 less for diesel than at the start of October. Over that interval the prices did not move in a straight line: RON95 and RON97 rose 10 sen on Oct. 29, and diesel rose 20 sen. This week's reductions reverse those petrol increases and most of that diesel rise.
Compared with Oct. 22, however, the diesel rate is still five sen higher. A 50-litre purchase therefore costs RM2.50 more than in that earlier pricing week, even after the latest reduction. Market RON95 is five sen lower than on Oct. 22 and RON97 is 10 sen lower, reducing the same purchase by RM2.50 and RM5 respectively.
The dataset distinguishes general-market fuel from subsidy prices. Its methodology also records that East Malaysia moved to the BUDI Diesel scheme from July 2026, making older comparisons with a single fixed East Malaysian diesel price unsuitable for describing the current arrangement.
What Is Driving The Weekly Change
The ministry linked the latest reduction to more moderate regional petroleum conditions, including greater supplies of refined fuel and stocks in Singapore. It also cited a decline in Brent crude toward the end of the calculation period, while warning that geopolitical uncertainty in West Asia remained a risk.
Malaysia sets these weekly retail rates using the Automatic Pricing Mechanism. The published prices are valid through Nov. 11; they do not establish what motorists will pay later in the month. For drivers planning a holiday journey, the practical comparison is the rate applicable to their fuel and subsidy eligibility during this pricing week.