[Updated] Petrol Price Now Versus Then

[Updated] Petrol Price Now Versus Then

The long awaited subsidies for RON95 petrol are set to return in January 2020. From then, the price for RON95 petrol will be allowed to float freely, with recipients of the Bantuan Sara Hidup (BSH) scheme receiving given a cash subsidy.

In this article, you’ll find the latest petrol prices and a comparison table for petrol prices that dates back to 2014.

Latest Petrol Price For RON95 and RON97 for
November 30 to December 6

Date
RON95
RON97
November 16 - November 22
2019
RM2.08
(unchanged)
RM2.66
(unchanged)

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Fuel subsidies for the B40

According to Prime Minister Tun Dr Mahathir Mohamed, car owners on Bantuan Sara Hidup (BSH) will receive RM120 every four months. Motorcycle owners will receive RM48 instead.

Additionally, the subsidies only apply to cars with an engine capacity of 1600cc; unless they are over 10 years old. Similarly, the motorcycle subsidy only applies to engine capacities below 150cc unless the vehicle is over seven years old.

The prime minister also clarified that this subsidy only applies to one vehicle per individual. He said that studies found that some individuals in the B40 group owned up to six cars.

One exception to the petrol subsidy scheme are those living in East Malaysia. Sabah, Sarawak, and Labuan will not receive any financial aid. However, these states will see the price of RON95 petrol floating with a ceiling price of RM2.08 (which is the current arrangement).

RON95 v RON97: Which is the better fuel?

On paper, RON97 is more expensive than RON95 and considered to be of higher quality. But is it better for your engine and does it enhance the performance of your car as compared to RON95?

We conducted a “dyno” test a while back to put this belief to the test.  Our test vehicle – a stock Myvi 1.5 – was placed in a controlled environment, to limit the number of variables such as different road conditions, traffic and driving styles.

What we found is that it only matters if your car has been optimised for a certain type of fuel. For example, in our test, we discovered that the Myvi 1.5 we used had been optimised for RON95 fuel usage.

This applied vice versa. If someone drove a RON97-optimised auto, such as the Suzuki Swift Sport, using RON95 would likely cause that car to perform less efficiently.

But the point is this: unless your car’s engine requires RON97, there’s really no point in spending more on premium fuel as it does not really give you an added performance advantage.

For more on our dyno test, click this article link. 

Here are the historical petrol prices in Malaysia since the implementation of the managed float system:

Meanwhile, these are the previous petrol prices under the managed float system.

Fuel/Month
RON95
RON97
Diesel
Dec 1, 2014
RM2.26
RM2.46
RM2.23
Dec 1, 2015
RM1.95
RM2.45
RM1.90
Dec 1, 2016
RM1.90
RM2.25
RM1.85
Mar 30 - Apr 5, 2017
RM2.13
(-0.17)
RM2.41
(-0.19)
RM2.11
(-0.09)
Apr 6 - Apr 12, 2017
RM2.16
(+0.03)
RM2.43
(+0.02)
RM2.08
(-0.03)
Apr 13 - Apr 19, 2017
RM2.24
(+0.08)
RM2.52
(+0.09)
RM2.16
(+0.08)
Apr 20 - Apr 26, 2017
RM2.27
(+0.03)
RM2.54
(+0.02)
RM2.21
(+0.05)
Apr 27 - May 3, 2017
RM2.21
(-0.06)
RM2.49
(-0.05)
RM2.14
(-0.07)
May 4 to May 10, 2017
RM2.11
(-0.10)
RM2.39
(-0.10)
RM2.08
(-0.06)
May 11 to May 17, 2017
RM2.01
(-0.10)
RM2.29
(-0.10)
RM1.95
(-0.13)
May 18 to May 24, 2017
RM2.08
(+0.07)
RM2.36
(+0.07)
RM1.99
(+0.04)
May 25 to May 31, 2017
RM2.12
(+0.04)
RM2.40
(+0.04)
RM2.03
(+0.04)
June 1 to June 7, 2017
RM2.10
(-0.02)
RM2.38
(-0.02)
RM2.02
(-0.01)
June 8 to 14, 2017
RM2.05
(-0.05)
RM2.31
(-0.07)
RM1.94
(-0.08)
June 15 to 21, 2017
RM1.98
(-0.07)
RM2.24
(-0.07)
RM1.88
(-0.06)
June 22 to 28, 2017
RM1.91
(-0.07)
RM2.17
(-0.07)
RM1.88
(Unchanged)
June 29 to July 5, 2017
RM1.89
(-0.02)
RM2.15
(-0.02)
RM1.84
(-0.04)
July 6 to 12, 2017
RM1.93
(+0.04)
RM2.19
(+0.04)
RM1.91
(+0.07)
July 13 to 19, 2017
RM1.97
(+0.04)
RM2.22
(+0.03)
RM1.96
(+0.05)
July 20 to 26, 2017
RM1.97
(Unchanged)
RM2.22
(Unchanged)
RM1.96
(Unchanged)
July 27 to August 2, 2017
RM2.03
(+0.06)

RM2.28
(+0.06)
RM1.99
(+0.03)
August 3 - 9, 2017
RM2.07

(+RM0.04)
RM2.32

(+RM0.04)
RM2.05

(+RM0.06)
August 10 - 16, 2017
RM2.12

(+RM0.05)
RM2.39

(+RM0.07)
RM2.06

(+RM0.01)
August 17 - 23, 2017
RM2.15

(+RM0.03)
RM2.43

(+RM0.04)
RM2.04

(-RM0.02)
August 24 - 30, 2017
RM2.15

(unchanged)
RM2.43

(unchanged)
RM2.01

(-RM0.03)
August 31 - September 6, 2017
RM2.16

(+RM0.01)
RM2.44

(+RM0.01)
RM2.04

(+RM0.03)
September 7 - 13, 2017
RM2.20

(+RM0.04)
RM2.48

(+RM0.04)
RM2.05

(+RM0.01)
September 14 - 20, 2017
RM2.21

(+RM0.01)
RM2.52

(+RM0.04)
RM2.14

(+RM0.09)
September 21 - 27, 2017
RM2.19

(-RM0.02)
RM2.49

(-RM0.03)
RM2.10

(-RM0.04)
September 28 - October 4, 2017
RM2.16

(-RM0.03)
RM2.46

(-RM0.03)
RM2.12

(+RM0.02)
October 5 - October 11 2017
RM2.19

(+RM0.03)
RM2.49

(+RM0.03)
RM2.17

(+RM0.05)
October 12 - October 18 2017
RM2.16

(-RM0.03)
RM2.46

(-RM0.03)
RM2.10

(-RM0.07)
October 19 - October 25 2017
RM2.17

(+RM0.01)
RM2.47

(+RM0.01)
RM2.11

(+RM0.01)
October 26 - November 2 2017
RM2.20

(+RM0.03)
RM2.50

(+RM0.03)
RM2.13

(+RM0.02)
November 3 - November 9 2017
RM2.27

(+RM0.07)
RM2.56

(+RM0.06)
RM2.18

(+RM0.05)
November 10 - November 16 2017
RM2.31

(+RM0.04)
RM2.60

(+RM0.04)
RM2.20

(+RM0.02)
November 17 - November 23 2017
RM2.38

(+RM0.07)
RM2.66

(+RM0.06)
RM2.25

(+RM0.05)
November 24 - November 29 2017
RM2.30

(-RM0.08)
RM2.58

(-RM0.08)
RM2.23

(-RM0.02)
November 30 - December 6 2017
RM2.30

(unchanged)
RM2.58

(unchanged)
RM2.23

(unchanged)
December 7 - 13 2017
RM2.29

(-RM0.01)
RM2.57

(-RM0.01)
RM2.21

(-RM0.02)
December 14 - 20, 2017
RM2.25

(-RM0.04)
RM2.52

(-RM0.05)
RM2.20

(-RM0.01)
December 21 - 27, 2017
RM2.27

(+RM0.02)
RM2.54

(+RM0.02)
RM2.23

(+RM0.03)
December 28, 2017 - January 3, 2018
RM2.26

(-RM0.01)
RM2.53

(-RM0.01)
RM2.26

(+RM0.03)
January 4 - 10, 2018
RM2.29

(+RM0.03)
RM2.56

(+RM0.03)
RM2.32

(+RM0.06)
January 11 -17, 2018
RM2.26

(-RM0.03)
RM2.53

(-RM0.03)
RM2.32

(unchanged)
January 18 - 24, 2018
RM2.30

(+RM0.04)
RM2.57

(+RM0.04)
RM2.32

(unchanged)
January 25 - 31, 2018
RM2.29

(-RM0.01)
RM2.56

(-RM0.01)
RM2.31

(-RM0.01)
February 1 - 7, 2018
RM2.31

(+RM0.02)
RM2.58

(+RM0.02)
RM2.34

(+RM0.03)
February 8 - 14, 2018
RM2.33

(+RM0.02)
RM2.61

(+RM0.03)
RM2.31

(-RM0.03)
February 15 - 21, 2018
RM2.23

(-RM0.10)
RM2.50

(-RM0.11)
RM2.19

(-RM0.12)
February 22 - 28, 2018
RM2.17

(-RM0.06)
RM2.43

(-RM0.07)
RM2.13

(-RM0.06)
March 1 - 7, 2018
RM2.20

(+RM0.03)
RM2.47

(+RM0.04)
RM2.18

(+RM0.05)
March 8 - 14, 2018
RM2.21

(+RM0.01)
RM2.47

(unchanged)
RM2.17

(-RM0.01)
March 15 - 21, 2018
RM2.18

(-RM0.03)
RM2.45

(-RM0.02)
RM2.16

(-RM0.01)
March 22 - 28, 2018
RM2.20

(+RM0.02)
RM2.47

(+RM0.02)
RM2.18

(+RM0.02)
March 29 - April 4, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
April 5 - 11, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
April 12 - 18, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
April 19 - 25, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
April 26 - May 2, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
May 3 - 9, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
May 10 - 16, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
May 17 - 23, 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
May 24 - 30 2018
RM2.20

(unchanged)
RM2.47

(unchanged)
RM2.18

(unchanged)
May 31 - June 6 2018
RM2.20

(unchanged)
RM2.66

(+RM0.19)
RM2.18

(unchanged)
June 7 - 13 2018
RM2.20

(unchanged)
RM2.60

(-RM0.06)
RM2.18

(unchanged)
June 14 - 20 2018
RM2.20

(unchanged)
RM2.59

(-RM0.01)
RM2.18

(unchanged)
June 21 - 27 2018
RM2.20

(unchanged)
RM2.50

(-RM0.09)
RM2.18

(unchanged)
June 28 - July 4 2018
RM2.20

(unchanged)
RM2.58

(+RM0.08)
RM2.18

(unchanged)
July 5 - 11 2018
RM2.20

(unchanged)
RM2.59

(+RM0.01)
RM2.18

(unchanged)
July 12 - 18 2018
RM2.20

(unchanged)
RM2.56

(-RM0.03)
RM2.18

(unchanged)
July 19 - 25
RM2.20

(unchanged)
RM2.54

(-RM0.02)
RM2.18

(unchanged)
July 26 - August 1 2018
RM2.20

(unchanged)
RM2.64

(+RM0.10)
RM2.18

(unchanged)
August 2 - 8 2018
RM2.20

(unchanged)
RM2.61

(-RM0.03)
RM2.18

(unchanged)
August 9 - 15 2018
RM2.20

(unchanged)
RM2.65

(+RM0.04)
RM2.18

(unchanged)
August 16 - 22 2018
RM2.20

(unchanged)
RM2.65

(unchanged)
RM2.18

(unchanged)
August 23 - 29 2018
RM2.20

(unchanged)
RM2.69

(+RM0.04)
RM2.18

(unchanged)
January 5 - 11 2019
RM1.93
RM2.23
RM2.04
January 12 - 18 2019
RM1.92
(-RM0.01)
RM2.22
(-RM0.01)
RM2.05
(+RM0.01)
January 19 - 25 2019
RM1.98
(+RM0.06)
RM2.28
(+RM0.06)
RM2.17
(+RM0.12)
January 26 - February 1 2019
RM1.98
(unchanged)
RM2.28
(unchanged)
RM2.18
(+RM0.01)
February 2 - February 8 2019
RM1.93
(-RM0.05)
RM2.23
(-RM0.05)
RM2.18
(unchanged)
February 9 - February 15
2019
RM1.97
(+RM0.04)
RM2.27
(+RM0.04)
RM2.18
(unchanged)
February 16 - February 22 2019
RM1.98
(+RM0.01)
RM2.28
(+RM0.01)
RM2.18
(unchanged)
February 23 - March 1 2019
RM2.08
(+RM0.10)
RM2.38
(+RM0.10)
RM2.18
(unchanged)
March 2 - March 8 2019
RM2.08
(unchanged)
RM2.43
(+RM0.05)
RM2.18
(unchanged)
March 9 - March 15 2019
RM2.08
(unchanged)
RM2.46
(+RM0.03)
RM2.18
(unchanged)
March 16 - March 22 2019
RM2.08
(unchanged)
RM2.54
(+RM0.08)
RM2.18
(unchanged)
March 23 - March 29 2019
RM2.08
(unchanged)
RM2.61
(+RM0.07)
RM2.18
(unchanged)
March 30 - April 5 2019
RM2.08
(unchanged)
RM2.63
(+RM0.02)
RM2.18
(unchanged)
April 6 - April 12 2019
RM2.08
(unchanged)
RM2.63
(unchanged)
RM2.18
(unchanged)
April 13 - April 19 2019
RM2.08
(unchanged)
RM2.68
(+RM0.05)
RM2.18
(unchanged)
April 27 - May 3 2019
RM2.08
(unchanged)
RM2.81
(+RM0.13)
RM2.18
(unchanged)
May 4 - May 10 2019
RM2.08
(unchanged)
RM2.80
(-RM0.01)
RM2.18
(unchanged)
May 11 - May 17 2019
RM2.08
(unchanged)
RM2.70
(-RM0.10)
RM2.18
(unchanged)
May 18 - May 24 2019
RM2.08
(unchanged)
RM2.68
(-RM0.02)
RM2.18
(unchanged)
May 25 - May 31 2019
RM2.08
(unchanged)
RM2.76
(+RM0.08)
RM2.18
(unchanged)
June 1 - June 14
2019
RM2.08
(unchanged)
RM2.63
(-RM0.13)
RM2.18
(unchanged)
June 15 - June 21
2019
RM2.08
(unchanged)
RM2.41
(-RM0.22)
RM2.18
(unchanged)
June 22 - June 28
2019
RM2.08
(unchanged)
RM2.38
(-RM0.03)
RM2.18
(unchanged)
June 29 - July 5
2019
RM2.08
(unchanged)
RM2.49
(+RM0.11)
RM2.18
(unchanged)
July 6 - July 12
2019
RM2.08
(unchanged)
RM2.53
(+RM0.04)
RM2.18
(unchanged)
July 13 - July 19
2019
RM2.08
(unchanged)
RM2.57
(+RM0.04)
RM2.18
(unchanged)
July 20 - July 26
2019
RM2.08
(unchanged)
RM2.67
(+RM0.10)
RM2.18
(unchanged)
July 27 - August 2
2019
RM2.08
(unchanged)
RM2.56
(-RM0.11)
RM2.18
(unchanged)
August 3 - August 9
2019
RM2.08
(unchanged)
RM2.54
(-RM0.02)
RM2.18
(unchanged)
August 10 - August 16
2019
RM2.08
(unchanged)
RM2.49
(-RM0.05)
RM2.18
(unchanged)
August 17 - August 23
2019
RM2.08
(unchanged)
RM2.49
(unchanged)
RM2.18
(unchanged)

Here are our top 7 tips to save petrol

With petrol prices fluctuating faster than your weight, it’s time to be proactive in other ways to save petrol. Here are five easy ways for you to shave some of your petrol cost off:

1. Do not leave your engine idling

For every two minutes, you leave your car idle, you are burning the same amount of petrol to travel about 1.5km. This is bad enough for those who live the city where traffic congestion is a daily occurrence.

The next time you are waiting for someone, turn your engine off. Leaving your engine idle does not only waste petrol, it is also releasing unnecessary harmful emissions. So, be kind your wallet and the environment by reducing idling whenever and wherever you can.

2. Pump up your tyres

How often do you check the inflation of your tyres? It is not only dangerous to drive with tyres that are under-inflated, it can also affect your vehicle’s fuel efficiency. The reason under-inflated tyres waste more petrol is that they create too much traction, and thus need more petrol to get them going. However, over-inflating your tyres can be dangerous. Check your tyres’ inflation regular.

3. Get your car serviced

Research suggests that fuel economy can be sustained through proper vehicle maintenance. Even if your vehicle is old, it won’t affect your fuel efficiency if you care for your vehicle well.

If you can’t remember when you last serviced your vehicle, it’s time to book an appointment with the workshop now. Set a reminder on your phone to ensure you never miss your service appointment again.

4. Plan your journeys

Make use of free GPS apps such as Waze and Google Maps when you are driving. Using GPS will help you plan your journeys effectively so you won’t make a wrong turn and waste precious fuel. Learn the route to the destination before starting your journey to avoid getting lost and being stuck in traffic. Circling round and round looking for your destination can make a huge difference to your petrol consumption, so it’s worth planning your route before you leave home.

5. Use petrol loyalty card

A penny saved is a penny earned, which why arming yourself with the right petrol brand loyalty card can help you maximise your petrol dollar simply. The best way to find the best petrol brand loyalty card that gives you the most is to, first of all, find a petrol brand that you regularly pump from. For example, a petrol brand with the nearest station to your home or workplace. Then you can narrow it down to how much you need to spend to earn points and what is the value of the points. Petrol loyalty card such as the Petron Miles card also gives you additional discounts and privileges from other merchants.

Check our comparison of petrol brand loyalty cards to help you decide!

6. Use the right credit card

If you spend a lot on petrol, it’s time to get yourself the right credit card to cut your fuel cost every month. The best petrol credit card should give you good cashback or rewards points on your petrol spending at the petrol brand that you purchase from. Some cards only offer cashback or points at certain petrol brands, while cards like Maybank 2 Cards American Express do not restrict the petrol brand and it allows you to earn 5x TreatPoints every day and an additional 5% cashback on weekends.

7. Drive manual transmissions vehicle

According to Budget Direct, manual transmissions save drivers between 5% and 15% on their fuel costs. The reason for this is because manual transmission engines tend to be less complex, weigh less (weight savings = fuel savings), and have more gears than automatics (which lets you optimise on fuel savings). Although there are exceptions to the rule, manual cars do help you save fuel and they also tend to be cheaper than their automatic counterparts, and require less maintenance, which will save you money in the long run.

Best petrol credit cards in Malaysia

Sometimes the circumstances may not allow us to cut down on petrol expenses. This is why having the right credit card can help you manage your fuel expenses significantly. Here are some of the best petrol credit card in Malaysia:

HSBC Amanah MPower Platinum Credit Card-i

If the bulk of your petrol spending is on the weekend AND you spend on average RM2,000 a month on your card, the HSBC Amanah MPower Platinum Credit Card-i would be a good petrol credit card for you. With up to 8% cashback, you can save up to RM50 every month.

It requires a minimum monthly spending of RM2,000 on your card to unlock the high cashback. Furthermore, there is no annual fee!

Additionally, this card also provides up to 8% cashback everyday when you shop at at Giant, Tesco, AEON Big and Mydin if you spend a minimum of RM2,000 monthly.

HSBC Amanah MPower Platinum Credit Card-i

HSBC Amanah MPower Platinum Credit Card-i

Up to 8% cashback everyday on your petrol spending at Shell, Caltex, Petronas and BHP.

Enjoy up to 8% cashback for groceries!

Citi Cash Back Card

This card offers 10% cashback on petrol monthly when you spend more than RM1,000 otherwise you can enjoy 0.2% when you spend less than that.

However, if you are the type who can’t be bothered to time your petrol spending, this will be a no-fuss card for you. Other than high cashback for petrol, the Citi Cash Back Card also offers unlimited 0.2% cash rebate on other retail spending which is capped at RM10 for normal card users and RM15 for platinum.

This card only requires a minimum income of RM3,000 a month.

 Citi Cash Back Card

Citi Cash Back Card

Up to 10% cashback on your petrol!

0.2% cashback on other retail spending
This article was previously published on October 1, 2018 and has been updated to include the latest developments in fuel prices.

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