Petrol Prices Fall a Third Week: RON97 Down to RM4.70, Diesel to RM5.12

Petrol got cheaper for a third week in a row. RON97 fell 20 sen to RM4.70 and diesel dropped 15 sen to RM5.12 for 5-11 November 2026 — the same Brent crude crash that hit Hengyuan’s shares this week.

Three weeks down, one clean trend

• RON97’s third straight fall — from an 8 October peak of RM5.15 to RM4.70, a 45-sen round trip.
• Diesel’s cheapest since 17 September, before this autumn’s run-up even began.

Why it turned

• MOF cited cheaper Brent crude and fuller Singapore fuel stocks — the same crash that hit Hengyuan’s shares this week.
• Subsidised RON95 and Budi Diesel are untouched — BUDI95 stays frozen at RM1.99 a litre.

What you actually pay

The Finance Ministry’s own statement said the regional market was “showing signs of moderation” on fuller Singapore refined-fuel stocks and the Brent drop at the end of the pricing window — the same oil move behind this week’s Hengyuan share price fall. See the live table on Rates.my’s petrol price page.

What to watch

• Wed, 11 NovNext weekly float announcement, effective 12 November.
• 12 Nov 2026The current 5-11 November prices expire — watch the live page for the new cycle.

Sources & further reading

• data.gov.my — Price of Petroleum & Diesel catalogue
• The Star — Fuel prices Nov 5-11: RON95, diesel down 15 sen, RON97 down 20 sen
• New Straits Times — RON97 price drops by 20 sen, RON95 and diesel down by 15 sen
• Malay Mail — Finance Ministry’s statement on the November 5-11 price cut
• Rates.my — Why Hengyuan’s share price fell with Brent crude