Malaysia Holds July 9-15 Unsubsidised Fuel Prices as Brent Trades at $78.29
Updated
Updated · The Edge Malaysia · Jul 8
Malaysia Holds July 9-15 Unsubsidised Fuel Prices as Brent Trades at $78.29
1 articles · Updated · The Edge Malaysia · Jul 8
Summary
July 9-15 retail prices for Malaysia’s unsubsidised fuels were left unchanged at RM3.37 a litre for RON95, RM4.00 for RON97 and RM3.97 for diesel.
The Finance Ministry said global crude prices had eased over the past week as geopolitical risk premiums fell, supply flows improved and competition among major producers intensified.
Brent still traded at a two-week high of $78.29 a barrel on Wednesday after Trump said a memorandum to end the Iran conflict was “over,” reviving fears of Middle East supply disruption.
Malaysia said fuel supply remains adequate and kept subsidised prices unchanged, including Budi95 at RM1.99 a litre and Budi Diesel at RM2.10, while urging consumers to curb unnecessary travel.
The decision follows 10-sen-per-litre cuts in the previous July 1-8 pricing cycle, with the ministry warning that unresolved West Asia tensions and trade-route disruptions could quickly reignite volatility.