Price of Petroleum & Diesel

Data as of 07 Nov 2024, 00:01

Weekly retail prices of RON95 petrol, RON97 petrol, and diesel in Malaysia.

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Table

Price of Diesel (Peninsular Malaysia)

Price of Diesel (East Malaysia)

Price of RON95 Petrol

Price of RON97 Petrol

How is this data produced?

This dataset presents the weekly retail price of RON95 petrol, RON97 petrol, and diesel in Malaysia. Since April 2017, the retail price of fuel in Malaysia has been set on a weekly basis (except for a short period at the end of 2018 where it was announced monthly) using the Automatic Pricing Mechanism (APM). The APM is designed to allow the government to monitor the effects of changes in global crude oil prices and adjust retail fuel prices to ensure the continued welfare of the rakyat.

What caveats I should bear in mind when using this data?

The following information should be incorporated into any analysis of fuel prices in Malaysia:

  • Malaysia's goods and services tax (GST) was zero-rated on 1 June 2018, with the sales and services tax (SST) subsequently implemented on 1 September 2018. However, because petrol and diesel prices are controlled by the government, they were not affected by this.
  • Beginning 3 March 2021, the announcement of fuel prices was changed from Fridays to Wednesdays.
  • On 10 June 2024, diesel subsidies were removed in Peninsular Malaysia, leading to a discontinuous jump from RM2.15 to RM3.35 per litre. Therefore, beginning 13 June 2024, the weekly price of diesel was announced separately for Peninsular Malaysia and East Malaysia (Sarawak, Sabah, W.P. Labuan).

Publication(s) using this data

MoF's weekly press statement on the retail price of petroleum products.

Metadata

Dataset description

Weekly retail prices of RON95 petrol, RON97 petrol, and diesel in Malaysia.

Variable definitions
  • Chart Type
  • Date
  • RON95 Petrol Price
  • RON97 Petrol Price
  • Price of Diesel (Peninsular Malaysia)
  • Price of Diesel (East Malaysia)
Last updated:

06 Nov 2024, 23:59

Next update:

13 Nov 2024, 23:59

Data source(s)
  • Ministry of Finance
License

This data is made open under the Creative Commons Attribution 4.0 International License (CC BY 4.0). A copy of the license is available Here.

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Data
Full Dataset (CSV)

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Code

Connect directly to the data with Python.

# If not already installed, do: pip install pandas fastparquet import pandas as pd URL_DATA = 'https://storage.data.gov.my/commodities/fuelprice.parquet' df = pd.read_parquet(URL_DATA) if 'date' in df.columns: df['date'] = pd.to_datetime(df['date']) print(df)

Sample OpenAPI query

The following code is an example of how to make an API query to retrieve the data catalogue mentioned above. You can use different programming languages by switching the code accordingly. For a complete guide on possible query parameters and syntax, please refer to the official Open API Documentation.

import requests import pprint url = "https://api.data.gov.my/data-catalogue?id=fuelprice&limit=3" response_json = requests.get(url=url).json() pprint.pprint(response_json)