THE Ministry of Finance (MOF) confirmed on Wednesday that the retail price of diesel in Peninsular Malaysia will increase by four sen per litre, bringing the new rate to RM2.96 per litre for the period from 5 February to 11 February 2026.

The ministry explained that the adjustment follows a recent rise in global oil prices.

“The Government will continue to review and adjust the diesel retail price in line with movements in the current global oil markets. Even so, price stability remains the foremost priority,” the statement said.

Applying the Automatic Pricing Mechanism (APM), the government set the retail prices of other petroleum products for the same period.

RON97 petrol will remain at RM3.10 per litre, while non-subsidised RON95 petrol continues at RM2.54 per litre.

The subsidised RON95 under the BUDI95 scheme remains unchanged at RM1.99 per litre. Diesel prices in Sabah, Sarawak, and Labuan will also remain steady at RM2.15 per litre.

The ministry reiterated its commitment to closely monitor international oil market trends and take timely measures to safeguard the welfare of the public.

“This approach ensures that Malaysians continue to benefit from predictable and fair pricing, even as global oil markets fluctuate,” MOF noted.

The announcement underscores the government’s ongoing strategy to balance the impact of external energy market developments with domestic economic stability, particularly in the transportation and logistics sectors that rely heavily on diesel fuel.

The new pricing schedule, effective from 5 February, marks the latest routine adjustment under Malaysia’s APM, which aims to maintain transparency and responsiveness in fuel pricing. – February 4, 2026