rates.my
Sign in
An illuminated Shell petrol station sign at night
Petrol

Two rises in a row

RON95, RON97 and Diesel All Rise 35 Sen for the Week of 17-23 September

RaymondRates.my3 min read

Fill up at market rate this week and RON95 costs RM4.37, RON97 RM4.85, diesel RM5.27 — all up 35 sen, the sharpest weekly jump so far. The Finance Ministry blames a widening Gulf conflict: Iran hit tankers near Hormuz, and a drone strike shut a Saudi pipeline.

RM4.37
RON95, unsubsidised
+35 sen from RM4.02
RM5.27
Diesel, unsubsidised
+35 sen from RM4.92
US$105.83
Brent crude, 16 Sept close
vs US$101.21 on 9 Sept

Two rises in a row

RON95 unsubsidised, weekly (RM per litre)3.303.704.104.5016 Jul23 Jul30 JulRM3.826 Aug13 Aug20 Aug27 Aug3 Sep10 Sep17 SepRM4.37Two rises in a row to close the rundata.gov.my fuel price catalogue to 10 Sep; MOF's 17-23 Sep announcement for the latest point.
RON95's weekly float since mid-July: two straight rises to close the run, and this week's is the sharpest single jump of the lot.
  • Up 60 sen combined over two weeks the sharpest two-float run since Rates.my started tracking this cycle in July.
  • Brent crude is up 16% this month as fighting spread from Gulf tankers to a Saudi pipeline strike.

Why, and who's shielded

An illuminated Shell petrol station sign at night
Only the market rate moves week to week — most Malaysian drivers pay a capped, subsidised price instead. · Photo: Unsplash
  • BUDI95 and Budi Madani Diesel don't move this week's rise only hits Malaysians paying the market rate.
  • The monthly quota is 300 litres for RON95 and Budi Diesel before you pay market rate.
A cargo truck driving on a mountain highway
Fleets outside the diesel subsidy scheme absorb the full 35-sen rise straight into their fuel bill. · Photo: Unsplash
Updating our 10-16 Sept piece. We covered a 25-sen jump on the same Gulf conflict just a week ago. It hasn't eased — the fighting has widened, from tanker attacks to a Saudi pipeline strike, and this week's rise is larger than last week's.

What to watch

  • Wed, 23 SeptNext weekly float announcement. Brent has eased since Tuesday's peak — if that holds, it could mean the first quieter week in three.
  • OngoingWhether Saudi Arabia's East-West pipeline reopens on schedule, easing the supply-risk premium.
  • Your sideYour 300-litre monthly quota under BUDI95 or Budi Madani Diesel — go over it and you pay 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 17 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

Ready to act on this?

Track this week's live fuel prices

Keep reading

PetrolPetrol Price Malaysia This Week: RON95 Round-Trips Back to RM3.82 (27 Aug–2 Sep 2026)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)

💬 Market Chat

Join the discussion — share your take on this with other Rates.my readers.

💬 Discussion

Your rating:
(optional)
Loading discussion…

This article is general information, not personalised financial advice. Rates.my is not a licensed financial adviser — always verify rates with the institution and consider your own circumstances.

← All insights