Budi95
Malaysia Maintains RM2.15 Diesel Price in Sabah, Sarawak Amid Regional Dependency
The Malaysian government has maintained the diesel price at RM2.15 per litre in Sabah, Sarawak, and Labuan due to their dependence on diesel for electricity and transport. Officials are also reviewing subsidy systems and increasing biodiesel blends to reduce reliance and combat smuggling.
Malaysia Maintains Fuel Subsidies Despite Global Oil Price Surge
The government will maintain subsidized fuel prices despite global crude oil surges, citing an averaging method over recent weeks. This policy aims to stabilize prices and curb smuggling by implementing purchase limits and increasing cash aid, but ongoing high costs could pressure future subsidy decisions.
Malaysia Cuts Budi Madani RON95 Fuel Quota to 200 Litres Monthly to Preserve Resources
Malaysia has temporarily reduced the Budi Madani RON95 petrol quota from 300 to 200 litres per month starting April 1. This aims to safeguard national resources and preserve fuel subsidies amid supply concerns.
Malaysia’s Monthly Fuel Subsidies Reach RM4 Billion Amid Oil Price Surge
Malaysia’s monthly fuel subsidy cost surged to RM4 billion under BUDI95 and BUDI Diesel schemes due to rising crude oil prices. The government’s move to reduce BUDI95 eligibility seeks to control spending and ensure stable fuel supplies.
Malaysia Raises RON97 and Diesel Prices Amid Middle East Conflict, Keeps RON95 Subsidised
Malaysia has raised RON97 petrol and diesel prices amid Middle East conflict-driven market volatility. It maintains the subsidised RON95 price at RM1.99 to shield lower-income groups from steep fuel cost increases.