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Petrol

Third rise in a month

RON95, RON97 and Diesel Jump 25 Sen as Brent Tops US$101 for the First Time Since May

RaymondRates.my4 min read

Fill up at market rate this week and RON95 costs RM4.02, RON97 costs RM4.50 and diesel costs RM4.92 a litre — all up 25 sen from last week. The Finance Ministry blames one thing: Brent crude topped US$101 a barrel on 9 September, its highest close since May, as the US–Iran conflict escalated again.

RM4.02
RON95, unsubsidised
+25 sen from RM3.77
RM4.92
Diesel, unsubsidised
+25 sen from RM4.67
US$101
Brent crude, 9 Sept close
highest since May, +3.5%

Third rise in four weeks

RON95 unsubsidised, weekly (RM per litre)3.303.603.904.1216 Jul23 Jul30 JulRM3.826 Aug13 Aug20 Aug27 Aug3 Sep10 SepRM4.023 of the last 4 weekly floats rosedata.gov.my fuel price catalogue, via rates.my's own petrol dataset. Next float 17 Sep 2026.
Of the last four weekly floats, three rose and only one fell — and this week's move is the sharpest since 30 July.
  • The US Navy destroyed five Iranian oil tankers in the Gulf this week, sharply escalating the conflict.
  • Houthi rebels struck Saudi oil facilities across four cities, opening a second front on supply risk.
An illuminated Shell petrol station sign at night
The float moves every week off the crude market — most Malaysian drivers never see it, because the subsidised price is capped. · Photo: Unsplash

Who actually pays this

  • BUDI95 and Budi Madani Diesel prices don't move this week's 25 sen only hits the unsubsidised market rate.
  • The subsidised quota rose to 300 litres a month on 1 September, up from 200.
A cargo truck driving on a mountain highway
Company-owned haulage fleets outside Budi Madani Diesel absorb the full 25-sen rise straight into their fuel bill. · Photo: Unsplash
Updating our 2 August piece. We last wrote about a 20-sen jump tied to the same US–Iran conflict in early August — that round eased within days when a ceasefire briefly held. This time Brent has gone further (US$101 versus US$96 then), and the fighting has widened to Saudi energy infrastructure, not just tankers in the Gulf.

What to watch

  • Wed, 16 SeptNext weekly float. If Brent holds near US$101, expect little relief at the pump for market-rate buyers.
  • OngoingWhether fighting reaches the Strait of Hormuz itself — a fifth of global oil and LNG passes through it daily.
  • Your sideYour 300-litre monthly quota under BUDI95 or Budi Madani Diesel — go over it and you pay the market rate for the rest of the month.
Not financial advice. This is general information based on Ministry of Finance pricing announcements and publicly reported figures as at 10 September 2026. It is not a forecast of where fuel or oil prices are headed, and Rates.my does not issue price targets. Subsidy eligibility and quotas can change — confirm your own status via MyKad at the pump.

Sources & further reading

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Keep reading

PetrolPetrol Price Malaysia This Week: RON95 Stays RM1.99, RON97 Down 5 Sen — Even With Oil Up 12% (Aug 2026)PetrolRON95, RON97 and Diesel All Jump 20 Sen This Week — the US–Iran Pause We Covered Just Collapsed (2026)PetrolOil at $92 After the US–Iran Pause: Why Mid-Range Is the Hardest Place to Trade (2026)

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