Rafizi Denies Rumors; No Plans To Lower RON95 Fuel Price
Economy Minister Rafizi Ramli confirmed that the government is not discussing lowering the retail price of RON95 fuel and diesel, according to The Star.
According to him, the RON95 price drop rumour is the first he has heard.
“Until now, I have never heard, in fact, there has never been any discussion about it,” he said at a press conference after launching the 2022 Household Income and Expenditure Survey (HIES) Report here on Friday.
In fact, he claimed that the global crude oil price has risen to US$70 per barrel, having previously reached around US$83 per barrel.
"The decision to lower fuel prices is actually under the Ministry of Finance because it involves the allocation of fuel subsidies," Rafizi explained.
MIDF Research previously predicted that the government would consider lowering the retail price of RON95 by 10 sen to RM1.95 per litre next month.
Gallery
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VRG3253
SELANGOR
BSR6274
JOHOR
JA3589J
PULAU PINANG
PSD8160
PERAK
APJ8664
PAHANG
CFH1740
KEDAH
KGH1243
NEGERI SEMBILAN
NEK9350
KOTA KINABALU
SJT1146
KUCHING
QAB2079P
Last updated 16 Jul, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
Related News
Two-Tiered Pricing For RON95 Poses Troubles
According to PDAM, a two-tiered pricing structure for RON 95 will cause problems.
28-10-2024
Government Looking Into ID System For Targeted Fuel Subsidy
KPDN is considering the implementation of a dedicated identification (ID) system for the purchase of subsidised fuel.
18-07-2023
Unsubsidised RON95 Fuel Sales At RM3.22/litre Being Trialled Perlis
The Malaysian government launches pilot project retailing unsubsidised RON95 fuel for foreign-registered vehicles costing RM 3.22/litre.
17-02-2023
2023 Fuel Price: RON97 Remains RM 3.35 Per Litre Starting February 16 to 22
The Malaysian Ministry of Finance (MOF) has announced that the retail prices of all fuels in Malaysia will remain unchanged for the week of February 16 to 22, 2023.
15-02-2023
KPDN to Introduce New Fuel Sales Regulation for Foreign Vehicles
The Ministry of Domestic Trade and Cost of Living will introduce new sales regulations of non-subsidised fuel to foreign vehicles.
27-12-2022
Govt firm in implementing diesel subsidy rationalisation despite criticisms - PM Anwar
Despite criticism, PM Anwar says the government must take practical measures regarding diesel subsidies.
26-09-2024
PM: Diesel Subsidy Savings Will Be Channelled Back To The Rakyat
PM clarifies that savings from diesel subsidy will be channelled back to the Rakyat through public transportation and STR programs.
13-06-2024
Latest News
7 Countries With Pricier Petrol Than Malaysia (Even Oil-Rich Ones!)
Why is Malaysia's RON95 petrol price locked at RM1.99 while global rates soar? See the global price comparison and how the BUDI MADANI subsidy protects your wallet.
14-07-2026
Market Report: Malaysia's Auto Sector Is Defying All Expectations
Malaysia’s auto sector is defying expectations in 2026! Discover why vehicle registrations are nearing record highs based on JPJ data, how EV sales surged 85%, and what the new policy changes mean for you.
14-07-2026
Zeekr Is Taking Over: Malaysia’s No. 1 Premium EV Brand Is Opening 7 More Outlets Soon
Zeekr Malaysia is expanding! With 11 outlets now open and 18 planned by end-2026, the No. 1 premium EV brand is making it easier than ever to own a Zeekr.
14-07-2026
Sri Petaling’s New BYD Outlet Is A Game Changer—And It’s Getting A 'Stadium' Makeover Soon
Explore the new BYD Sri Petaling showroom—a game-changing EV hub in KL. Get the scoop on the upcoming 'stadium' delivery experience and win a RM39,900 motorcycle!
13-07-2026
RXZ Tragedy At Jabor: A Fatal Wake-Up Call For Malaysia's Convoy Culture
The fatal RXZ convoy crash near Jabor has left many in shock. We look at the details behind the accident and the growing concerns over convoy road safety.
12-07-2026
No Helmet, No Exceptions: JPJ Confirms Summonses For Viral Campaign Convoy Riders
JPJ confirms summonses for helmetless riders in viral campaign convoys. Minister Anthony Loke emphasizes that safety laws apply to everyone, regardless
10-07-2026
No License, No Insurance, And Ketum: The Reality Behind JPJ’s Roadblock Crackdown
Over 91,000 vehicles inspected. More than 42,000 notices issued. These aren't just figures on a report, they represent a massive, ongoing shift in how authorities are policing our roads.
10-07-2026
Hybrid, Petrol, Or EV? Toyota’s Latest Sales Figures Prove Malaysians Love Having Options
UMW Toyota reports 36,200 units sold in 1H 2026. Discover how Toyota's "Multi-Pathway" strategy—from petrol and hybrids to EVs—is winning over Malaysian drivers.
10-07-2026
Show More
trending_flat