May 2025 Petrol Price Update: RON95, RON97 & Diesel Predictions

Current Fuel Prices (Week of May 19-25, 2025)

Note: RON95 price remains capped under the current subsidy mechanism, while RON97 and diesel prices fluctuate based on the Automatic Pricing Mechanism (APM).

Predicted Price Trends for Late May 2025

RON97 Outlook

Industry analysts predict RON97 prices will likely increase by another RM0.05-0.08 for the final week of May (May 26-June 1) due to:

• Rising Brent crude oil prices, currently hovering at USD 84-86 per barrel
• Heightened summer driving demand in the Northern Hemisphere
• Ongoing production adjustments by major oil-producing nations
• Ringgit-to-USD exchange rate pressures

Diesel Forecast

Diesel prices are projected to remain stable or increase marginally (RM0.01-0.03) for the remainder of May due to:

• Moderate global diesel inventories
• Steady industrial demand across Southeast Asia
• Improving regional refinery output

RON95 Status

As a price-controlled product, RON95 is expected to maintain its RM2.05/liter price throughout May 2025, regardless of global market fluctuations. However, motorists should note ongoing discussions about potential subsidy rationalization measures that may affect pricing later in 2025.

Factors Influencing Late May Fuel Prices

Global Oil Market Dynamics

• OPEC+ Production Decisions: The recent meeting resulted in maintaining current production levels, keeping global supply relatively stable.
• Geopolitical Tensions: Ongoing situations in key oil-producing regions continue to introduce market uncertainty.
• Global Economic Indicators: Recent manufacturing data from major economies suggests steady demand growth.

Domestic Considerations

• Targeted Subsidy Framework: The government continues to refine its targeted subsidy approach, with potential implementation changes expected in Q3 2025.
• Pre-Festive Season Demand: Approaching school holidays and festive periods typically increase domestic fuel consumption.
• Economic Stimulus Measures: Recent economic policies aim to control inflation rates, including fuel costs.

Regional Price Comparison (May 2025)

Note: Prices converted to Malaysian Ringgit based on current exchange rates.

Petrol Saving Tips for May 2025

1. Strategic Refueling

• Fill up early this week before potential price hikes for RON97 users
• Consider Monday refueling when station traffic is typically lower
• Use fuel price comparison apps like Setel or PDB to find the best rates nearby

2. Vehicle Maintenance

• Schedule a pre-holiday season maintenance check
• Ensure proper tire pressure (May's warmer temperatures affect tire pressure)
• Replace air filters before long-distance travel

3. Driving Habits

• Reduce air conditioning usage during non-peak heat periods
• Practice gradual acceleration, particularly effective in urban traffic conditions
• Plan routes to avoid congestion during school holiday periods starting late May

Loyalty Program Updates (May 2025)

Major petroleum companies have updated their reward programs for May:

• Petronas: Double Mesra points when refueling between 2-5 PM on weekdays
• Shell: Increased BonusLink points for Shell V-Power purchases (limited time)
• Petron: Enhanced Miles points conversion rates for May refueling
• Caltex: Journey card special 10% extra points accumulation

Government Subsidy Updates

The Ministry of Finance has indicated that the current subsidy framework for RON95 will continue through May, with the targeted subsidy program currently in testing phases. Key developments include:

• MySubsidi app pilot testing in selected states continues throughout May
• Income verification systems being finalized for Q3 2025 implementation
• Maintenance of RON95 price cap for all users during the transition period

Expert Insights