Rafizi Denies Rumors; No Plans To Lower RON95 Fuel Price
Economy Minister Rafizi Ramli confirmed that the government is not discussing lowering the retail price of RON95 fuel and diesel, according to The Star.
According to him, the RON95 price drop rumour is the first he has heard.
“Until now, I have never heard, in fact, there has never been any discussion about it,” he said at a press conference after launching the 2022 Household Income and Expenditure Survey (HIES) Report here on Friday.
In fact, he claimed that the global crude oil price has risen to US$70 per barrel, having previously reached around US$83 per barrel.
"The decision to lower fuel prices is actually under the Ministry of Finance because it involves the allocation of fuel subsidies," Rafizi explained.
MIDF Research previously predicted that the government would consider lowering the retail price of RON95 by 10 sen to RM1.95 per litre next month.
Gallery
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VQL6343
SELANGOR
BSM4471
JOHOR
JYR3995
PULAU PINANG
PRY5976
PERAK
APF2142
PAHANG
CFF2775
KEDAH
KGE3347
NEGERI SEMBILAN
NEJ5056
KOTA KINABALU
SJQ2657
KUCHING
QAB2307N
Last updated 12 Feb, 2026
Fuel Price
Petrol
RON 95
RM 2.54
RON 97
RM 3.10
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.99
+0.03
EURO 5 B7
RM 3.19
+0.03
Last updated 12 Feb, 2026
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