Latest Petrol Price for RON95, RON97 & Diesel in Malaysia

  • By CompareHero.my
  • June 21, 2019

Get the latest petrol price in Malaysia. We provide weekly updates on every Friday at 5pm on the prices for RON95, RON97, and Diesel as the government revises the fuel price. Bookmark our page and check back for the up-to-date prices

Prices of fuel have been changing on a monthly basis since September 2018, but it will now return to a weekly price system based on the Automatic Pricing Mechanism (APM) formula.

RM 0
RON95
RM 0
RON97
RM 0
DIESEL
 

Updated Prices for Petrol from 22 to 28 June 2019 are:

  • RON95 : RM2.08 per litre (no change)
  • RON97 : RM2.38 per litre (down RM0.03)
  • Diesel : RM2.18 per litre (no change)
Related: A Comparison of Petrol Loyalty Cards In Malaysia 
Recent Trends in Fuel Prices 2019
Weekly Petrol Price Update Price of RON95/litre Price of RON97/litre Price of Diesel/litre
22 – 28 June 2019 2.08 2.38 2.18
15 – 21 June 2019 2.08 2.41 2.18
1 – 14 June 2019 2.08 2.63 2.18
25 May – 31 May 2019 2.08 2.76 2.18
18 May – 24 May 2019 2.08 2.68 2.18
11 May – 17 May 2019 2.08 2.70 2.18
4 May – 10 April 2019 2.08 2.80 2.18
27 April – 3 May 2019 2.08 2.81 2.18
20 April – 26 April 2019 2.08 2.80 2.18
13 April – 19 April 2019 2.08 2.68 2.18
6 April – 12 April 2019 2.08 2.63 2.18
30 March – 5 April 2019 2.08 2.63 2.18
23 March – 29 March 2019 2.08 2.61 2.18
16 March – 22 March 2019 2.08 2.54 2.18
9 March – 15 March 2019 2.08 2.46 2.18
2 March – 8 March 2019 2.08 2.43 2.18
23 February – 1 March 2019 2.08 2.38 2.18
16 February – 22 February 2019 1.98 2.28 2.18
9 February – 15 February 2019 1.97 2.27 2.18
2 February – 8 February 2019 1.93 2.23 2.18
26 January  – 1 February 2019 1.98 2.28 2.18
19 January – 25 January 2019 1.98 2.28 2.17
12 January – 18 January 2019 1.92 2.22 2.05
5 January – 11 January 2019 1.93 2.23 2.04
1 January – 4 January 2019 2.20 2.50 2.18
The fuel prices in Malaysia for 2018 started off low as oil prices dropped. However, RON95 and Diesel started to flat-line from May onwards, until December at RM2.20 and RM2.18 respectively. RON97, on the other hand, gradually increased until a drop in December to RM2.50. You can find a more detailed price table at the end of the article for a week-by-week price of petrol in 2018. See also: Historical Movement of Petrol Prices In Malaysia for year 2017 Since fuel prices will change weekly and are based upon changes in the average price of oil per litre, you can adapt your petrol purchases to profit from cheap weeks and avoid the expensive weeks. Check back every week to find out the petrol prices for the next week!

See also:

Best Petrol Credit Cards in Malaysia

Standard Chartered JustOne Platinum Mastercard

Save more than RM1,000 yearly from cashback on petrol, auto-billing, and online purchases.

HSBC Amanah MPower Visa Platinum Credit Card-i

8% cashback for petrol and groceries spend.

Citi - Shell Credit Card

8% Shell cashback for RM2,500 minimum monthly spend.

Citi Cash Back Platinum

Up to 10% cashback on petrol, groceries, and dining when you meet the minimum monthly spend.

Apply for the credit cards above and get an exclusive free gift when you activate it!
Read more: bit.ly/CompareHeroCCPromo

After months of having fixed fuel prices for RON95 and Diesel (RON97 remaining on a floating price system), all fuel prices returned to a weekly price-float mechanism. Prices will be updated and changed on a weekly basis on every Friday onwards. This will benefit a lot of motorists as they will be able to fill up their vehicles at lower prices whenever crude oil prices fall.

See more: How to Save Money with Weekly Petrol Pricing.

Historically, the price of petrol in Malaysia was subsided by the government to keep the price artificially low. However, this changed in recent years when the government adopted a managed float system where the price of fuel would be announced monthly. Price adjustments are made based on the average price per liter of refined oil.

On March 29, 2017, the government decided to switch up the system again and adopt a weekly ceiling price. This means that individual petrol stations are allowed to deviate from the ceiling price, provided they get approval from the government first.

Can the price at the pump deviate from the ceiling price?

Malaysia has been protected from this effect in the past because the government would subsidize fuel prices but, with the introduction of the managed float system, that is no longer the case. Major influences on the price of oil are OPEC (a collective of oil exporting countries) and non-OPEC oil exporters such as Russia. Depending on their individual objectives these players might decide to cut or extend their production of oil, effectively driving the price of oil up and down.

The global oil price is one of the most important floating prices in the world. The price of oil indirectly determines the cost of living of most people on the planet, because it is so directly tied to fuel costs. As was previously mentioned, the weekly fuel price is determined by the price change in the global oil price. That means that if global oil prices rise, so will the price of petrol in Malaysia and vice versa.

Theoretically, individual petrol station owners could choose to set a lower price than the prescribed ceiling, but they would need approval from the government to be allowed to do this. Up until now, we have had no reports of petrol stations deviating from the ceiling price, so you can safely assume that the prices quoted here are what you are going to have to pay at the pump.

Related: Hybrid/Electric vs Petrol Cars: Which is cheaper in the long run?

RON97 is more expensive than RON95. It is generally considered to be the higher quality fuel type. RON97 is believed to be better for your engine and enhances the performance of your car, as compared to RON95.

Contrary to popular belief, RON97 does not necessarily give you more mileage than RON95. The mileage your car makes per tank refill is largely dependent on other factors such as the efficiency of your car. However, a heavier or lighter foot will ultimately decide how much fuel your car will burn.

RON97 is not necessarily the better fuel, even though it is higher priced. If your car does not explicitly require RON97, you are better off sticking with RON95 because it’s cheaper (most cars are optimized for RON95 or even RON92!). You may read about several tests that our local motor-journalists have done for more information: RON95 vs RON97 by Paultan – be aware that your mileage may vary (pun intended) as it also depends on your car’s engine.

If you are a frequent driver, petrol expenses are likely going to be one of your main expense categories. You can’t avoid buying petrol, but you can make significant savings on your petrol by spending your money the right way.

For example, you can make significant savings up to on your petrol spending by using a Cashback Credit-card with cashback on petrol purchases. If you can combine the utility of a petrol cashback card while benefiting from a weekly fuel price that is relatively low (and a lighter right foot), you can save large amounts of money on your petrol expenditure

Alternatively, you can check out our article on 12 Ways To Reduce Your Petrol Spend.

You will find the complete fuel prices for the year of 2017-2018 below.

Historical Petrol Price Malaysia in 2017-2018
WeekPrice of RON95/litrePrice of RON97/litrePrice of Diesel/litre
 30 March – 5 April 20172.132.412.11
 6 April – 12 April 20172.162.432.08
 13 April – 19 April 20172.242.522.16
 20 April – 26 April 20172.272.542.21
 27 April – 3 May 20172.212.492.14
 4 May – 10 May 20172.11 2.392.08
 11 May – 17 May 20172.01 2.291.95
 18 May – 24 May 20172.082.361.99
 25 May – 31 May 20172.122.402.03
 1 June – 7 June 20172.102.382.02
 8 June – 14 June 20172.052.311.94
15 June – 21 June 20171.982.241.88
 22 June – 28 June 20171.912.171.88
 29 June – 5 July 20171.892.151.84
 6 July – 12 July 20171.932.191.91
 13 July – 19 July 20171.972.221.96
 20 July – 26 July 20171.972.221.96
 27 July – 2 August 20172.032.281.99
 3 August – 9 August 20172.072.32 2.05
 10 August – 16 August 20172.12 2.392.06
17 August – 23 August 20172.152.432.04
24 August – 30 August 20172.15 2.43 2.01
 31 August – 6 September 20172.162.442.04
 7 September – 13 September 20172.20 2.48 2.05
 14 September – 20 September 20172.212.522.14
 21 September – 27 September 20172.192.49 2.10
 28 September – 4 October 20172.16 2.46 2.12
 5 October – 11 October 20172.192.492.17
 12 October – 18 October 20172.162.492.17
 19 October – 25 October 20172.172.47 2.11
 26 October – 1 November 20172.202.502.13
1 November – 8 November 20172.242.542.17
9 November – 15 November 20172.312.60 2.20
 16 November – 22 November 20172.382.662.25
 23 November – 29 November 20172.302.58 2.23
 30 November – 6 December 20172.302.58 2.25
 7 December – 13 December 20172.292.572.21
 14 December – 20 December 20172.252.52 2.20
21 December – 27 December 20172.272.542.23
28 December – 3 January 20182.262.532.26
 4 January – 10 January 20182.292.56 2.32
 11 January – 17 January 20182.262.53 2.32
18 January – 24 January 20182.302.572.32
 25 January – 31 January 20182.292.56 2.31
 1 February – 7 February 20182.312.58 2.34
 8 February – 14 February 20182.332.612.31
 15 February – 21 February 20182.232.502.19
 22 February – 28 February 20182.172.432.13
 1 March – 7 March 20182.202.472.18
 8 March – 14 March 20182.21 2.472.17
 15 March – 21 March 20182.182.452.16
 22 March – 28 March 20182.202.472.18
 29 March – 4 April 20182.202.472.18
 5 April – 11 April 20182.202.472.18
 12 April – 18 April 20182.202.472.18
 19 April – 25 April 20182.202.472.18
 26 April – 2 May 20182.202.472.18
 3 May – 9 May 20182.202.47 2.18
 10 May – 16 May 20182.202.472.18
 17 May – 23 May 20182.202.472.18
 24 May – 30 May 20182.202.472.18
 31 May – 6 June 20182.202.472.18
 7 June – 13 June 20182.202.662.18
14 June – 20 June 20182.202.602.18
 21 June – 27 June 20182.202.592.18
 28 June – 4 July 20182.202.502.18
 5 July – 11 July 20182.202.582.18
 12 July – 18 July 20182.202.592.18
 19 July – 25 July 20182.202.562.18
 26 July – 1 August 20182.202.542.18
 2 August – 8 August 20182.202.642.18
 9 August – 15 August 20182.202.612.18
16 August – 22 August 20182.202.652.18
23 August – 29 August 20182.202.652.18
 30 August – 31 August 20182.202.692.18
1 September – 30 September 2018 2.202.652.18
1 October – 31 October 2018 2.202.792.18
 1 November – 30 November 2018 2.202.812.18
1 December – 31 December 20182.202.502.18
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Advancing SEA’s Billion-Dollar Ideas – WILD DIGITAL Southeast Asia 2019

  • By Vino Kurukullam
  • June 26, 2019

Wild Digital Southeast Asia Conference is making its fifth comeback on the 3rd & 4th July 2019, bigger and wilder with a new theme “Advancing SEA’s Billion-Dollar Ideas”!

This year, we expect 1000+ CEOs, founders and investors of leading tech companies from around Southeast Asia to attend our 2-day conference. Not to mention an impressive line up of keynote speakers.

Wild Digital, Southeast Asia’s premier tech conference, aims to make that easier by bringing together 800 experienced C-suite leaders of top tech companies such as Microsoft, iflix, and Airbnb

This July, the digital conference, powered by Catcha Group, invites you to learn and network with tech leaders, entrepreneurs, chief executives, top Internet players, and investors as they share from their experiences.

The aim of the conference is to nurture the next generation of Southeast Asian disruptors and tech players, to position the region as the next unicorn hub, and to prompt for more women in the tech industry!

Take note of the event details below:

Date: 4-5 July 2019

Venue: Le Meridien Kuala Lumpur

Speaker lineup: http://www.wilddigital.com/sea-2019/speakers

Click here for the full schedule

Here’s a sneak peek into some of the exciting things to look forward to at the conference:

RAPID FIRE: PROPERTYGURU’S PLAYBOOK FOR GROWTH IN SEA
Moderated by Terence Lee – Director, Private Equity (KKR)
Hari Krishnan – CEO (PropertyGuru)

JOURNEY TO THE NEXT BILLION USERS
Choo Pin Ang – Senior Director, Asia (Expedia Group)
Patrick Steinbrenner – Managing Director, APAC (Insider)
Joel Leong – Co-Founder (ShopBack)

SPECIAL FIRESIDE CHAT WITH ANWAR IBRAHIM
Moderated by Patrick Grove – Co-Founder & Group CEO (Catcha Group)
Anwar Ibrahim – President of Malaysia People’s Justice Party (Former Deputy
Prime Minister of Malaysia)

PANEL: WHEN YOU INVEST IN WOMEN, YOU’RE IN GOOD COMPANY
Moderated by Alexander Rusli – Co-Founder & Director (Digiasia Bios)
Gunjan Soni – CEO (Zalora)
Beverly Chen – Marketing Director, APAC (AppsFlyer)
Sarah Chen – Co-Founder & Managing Partner (The Billion Dollar Fund for Women)
Emmanuelle Norchet – Associate Director, Investments (Golden Equator Capital)

And this one’s a sure NOT TO BE MISSED featuring our very own Prashant Aggarwal!

BATTLEFIELD: FINTECH
David Chmelar – Group CEO (iPrice Group)
Hann Liew – Co-Founder & Director (Jirnexu)
Prashant Aggarwal – Chief Commercial Officer (CompareAsiaGroup)

Dont forget to use the promo code BOOM50

to get your general admission tickets at 50% off

for more info, log onto www.wilddigital,com

 

 

 

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HSBC Platinum Credit Card – Now Up To 8X Points for Contactless

  • By Lord Tan
  • June 21, 2019

You’ve seen the HSBC Platinum in its new look, but HSBC’s ‘relaunching’ the card again with more benefits. You can now get up to 8X points everywhere, not just in Mid Valley and The Gardens Mall!

Currently, the HSBC Platinum offers an excellent 8X on Rewards Points when you spend in Mid Valley or The Gardens, as well as 5X rewards points in other participating malls (capped at 10,000 additional points per month per customer).

Effective 15th July, however, the benefits will be better as the 8X points is no longer limited to two malls, but to all Contactless* purchases. On top of that, 5X points on Online Shopping spend, 5X on Groceries spend, and 5X on Overseas spend. All capped at 3,000 points per month, except Overseas Spend at 6,000 points.

What does this mean?

This update to the credit card’s benefits may actually benefit most people more than before, even with the lower points cap per transaction type. You can now reap the multipliers at just about most retailers. No longer limited to just two shopping malls for the maximum 8X, it will be easier to gain points. Online spenders and frequent travellers can benefit too, as there will be 5X reward points for their purchases, with overseas spending capped at 6,000 points per month.

If you’ve moped about the 8X points being limited to only two shopping malls and 5X points in participating malls, worry no longer effective 15th July.

*HSBC defines Contactless payments as purchases made using HSBC Credit Card via either Mastercard Tap & goTM, Visa payWave or Samsung Pay through a
contactless terminal near a point-of-sale terminal.

Source: HSBC

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Maybank Cashback & Rewards No More For eWallet

  • By Lord Tan

Been taking advantage of Maybank’s generous cashback and rewards points when reloading your e-wallets? Time to say goodbye to that (unfortunately), as Maybank has announced all eWallet reloads will not be eligible for such benefits, effective 8th July.

What does this mean?

This means that Maybank cardholders who actively use eWallets will no longer be able to reap credit card benefits when reloading their eWallets.

For example, the Maybank 2 Gold Card American Express offers up to 5X rewards points and 5% cashback on weekends. Before, if you were to reload your eWallet, you can earn both, but 8th July onwards, no rewards points nor cashback will be given anymore.

This change will affect all Maybank credit cards, including the FC Barcelona Visa Signature cashback credit card or even the Visa Signature rewards credit card, and all eWallets that accept credit card payment.

Source: Maybank

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U Mobile Unveils A Comprehensive Fintech Ecosystem With Digital Financial Services Consisting Of Gopayz And Gobiz

  • By CompareHero.my
  • June 20, 2019

U Mobile Sdn Bhd (“U Mobile”), the data-centric and multiple award-winning telco, today announced that it would be rolling out a fintech ecosystem this July. The comprehensive ecosystem will be the telco’s first foray into the fintech world and it consists of two distinct platforms, GoPayz and GoBiz. GoPayz is a universal e-wallet offering digital financial and lifestyle services targeting consumers while GoBiz is a digital payment acceptance solution created to benefit all types of businesses. U Mobile aims to make fintech services a lot more accessible,affordable and inclusive.

GoPayz’s distinct features are as follows:

1) Affordable Digital Financial Services – A wide range of insurance, online currency exchange, and wealth products tailored based on individual needs. For example, the micro insurance product GoLife Plus features premiums as low as RM13 per month, with coverage of up to RM 76,000.

2) Widely Accepted Anywhere – From online to retail, make payments anywhere locally and overseas via GoPayz’s Mastercard, UnionPay, Visa virtual and physical cards.

3) Accessible Anytime – Customers can perform everything at their convenience via mobile app.

4) Rewarding – Earn GoPointz loyalty points from various transactions and receive surprise rewards for qualifying transactions.

5) Secure and Safe – All transactions are performed in a safe and secured manner in accordance to regulatory and card scheme standards. As for GoBiz, the digital payment acceptance solution platform is designed to benefit all businesses, big or small. The key features of GoBiz are as follows:

  • Hassle Free Application Process – Approval within 3 working days.
  • Customised Solutions – Businesses can digitise their payment acceptance with solutions such as mobile point-of-sale (mPOS), or mobile virtual terminal (MVT).
  • Wide Acceptance – GoBiz partners with Mastercard, UnionPay and Visa giving merchants the flexibility to accept payments from local and international customers.
  • Opportunity to Increase Revenue – GoBiz merchants may opt for additional revenue-generating services such as telco prepaid top-ups, bill payments and even game points to offer to their customers.
  • Secure and Safe – All transactions are performed in a safe and secured manner in accordance to regulatory and card scheme standards.

During the media briefing, Jasmine Lee, CMO of U Mobile, explained that GoPayz is a significant milestone not just for U Mobile but for the fintech industry. “With GoPayz, we can now offer affordable digital financial services to everyone. We have GoLife Plus, the micro insurance which premium is as low as RM13 a month with coverage of up to RM76,000. The premium is unheard of prior to this as life insurance has always been deemed to cater to those with higher disposable income.”

She added that GoBiz, like GoPayz, stand to benefit many too. “U Mobile’s intention with our fintech ecosystem is to empower all, be it consumers or businesses. Hence, GoBiz seeks to enable all businesses, even the smallest of traders, to accept digital payments from customers and offer additional revenue-generating services like telco prepaid top-ups and bill payments to their customers.”

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