As of the latest weekly fuel price announcement effective 29 January β 4 February 2026, Malaysiaβs diesel price has been set by the government under the weekly pricing mechanism. This update is part of the weekly fuel price schedule announced by the Ministry of Finance (MOF) based on global crude oil movements and domestic pricing policies.
π Latest Diesel Price in Malaysia (Weekly 29 Jan β 4 Feb 2026)
Here are the official diesel prices for Malaysia in this weekβs pricing cycle:
| Region | Diesel Price (RM per Litre) |
|---|---|
| Peninsular Malaysia | RM 2.92 β (up 4 sen from last week) |
| East Malaysia (Sabah, Sarawak & Labuan) | RM 2.15 (unchanged) |
π Note: Diesel in Peninsular Malaysia has increased by 4 sen per litre compared to the previous weekly rate, while in East Malaysia (Sabah, Sarawak & Labuan), the price remains stable at RM 2.15 per litre.
π’οΈ What This Change Means for Diesel Users
π§Ύ 1. Peninsular Malaysia Diesel
The diesel price in Peninsular Malaysia now stands at RM 2.92 per litre for the week of 29 January to 4 February 2026. This reflects a slight increase compared with the previous weekly price (RM 2.88 per litre for 22 β 28 January 2026).
π΄ East Malaysia Diesel (Sabah, Sarawak & Labuan)
In East Malaysia (comprising Sabah, Sarawak & Labuan), diesel remains at a subsidised rate of RM 2.15 per litre. This subsidy has been maintained to help manage living costs in these regions.
π Why Diesel Prices Fluctuate Weekly
Malaysia uses an Automatic Pricing Mechanism (APM) to adjust petrol and diesel prices every week. This mechanism reflects changes in global oil markets, exchange rates (especially USD/MYR), refinery costs, and transportation expenses.
π Global Crude Oil Prices
When global crude oil prices rise, the retail diesel price in Malaysia tends to increase as well. Conversely, when global oil prices fall, local pump prices may stabilize or even decrease.
π± Exchange Rate Impacts
The strength or weakness of the Malaysian Ringgit against the US Dollar also affects fuel prices β because crude oil and refined fuel costs are denominated in USD globally.
π Transportation & Logistics
The cost of transporting fuels from refineries to petrol stations across Malaysia contributes to final retail prices, especially between Peninsular Malaysia and East Malaysia.
π Government Policy and Subsidy Programs
Malaysia has implemented targeted subsidies for diesel in some regions. This means certain areas like East Malaysia continue to benefit from subsidised pricing, while Peninsular Malaysiaβs diesel prices are floated based on market conditions.
π How Diesel Price Affects Everyday Life
π For Truckers and Transport Businesses
Diesel price shifts have a direct impact on transportation costs for logistics companies, trucking operators, delivery services and public transport that depend on diesel-powered vehicles.
π For Commuters and Daily Drivers
Even a few sen difference in diesel price per litre makes a noticeable effect on monthly fuel costs for drivers of diesel-run vehicles. Tracking weekly price trends helps drivers plan budgeting more accurately.
π· Cost of Goods
Diesel price changes can ripple through the economy. Diesel powers many heavy vehicles, affecting freight and shipping costs, which can eventually influence consumer prices for goods and services.
π Recent Diesel Price History (Comparison)
Hereβs a brief look at how diesel prices have moved recently:
| Date Range | Peninsular Diesel Price (RM/L) | East Malaysia Diesel (RM/L) |
|---|---|---|
| 29 Jan β 4 Feb 2026 | RM 2.92 | RM 2.15 |
| 22 β 28 Jan 2026 | RM 2.88 | RM 2.15 |
| 15 β 21 Jan 2026 | RM 2.84 | RM 2.15 |
| 8 β 14 Jan 2026 | RM 2.89 | RM 2.15 |
This trend shows gradual changes in peninsular diesel pricing while East Malaysiaβs diesel remains stable due to regional subsidies.
π’οΈ Quick Recap β Malaysia Diesel Price Today
π Effective weekly date: 03 Feb β 10 February 2026
π Peninsular Malaysia Diesel: RM 2.92 per litre (up 4 sen)
π East Malaysia Diesel (Sabah, Sarawak & Labuan): RM 2.15 per litre (stable)
These prices reflect the government-regulated weekly retail fuel price system in Malaysia. Diesel price movements are relatively minor this week, but staying informed helps both individuals and businesses plan fuel budgets more efficiently.
