Merely hours after our initial report, the government has officially announced that the Budi95 quota will be reduced from the current 300 litres to 200 litres, effective 1-April 2026.
According to Prime Minister Datuk Seri Anwar Ibrahim, the reduction in quota would not affect 90% of the users.
He said, “All countries, especially neighboring countries, increased the price of oil, but Malaysia decided to maintain the price of Budi95 oil at RM 1.99. We know that this has provided many benefits to the people and we also had to take some additional steps.
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“Therefore, we examined whether the use of Budi95 is sufficient. We found that the average use of Budi95 is around 100 liters.
“This means that the majority of the people use only 100 liters per month, and almost 90% of the people use less than 200 liters per month, so it is not affected,” he added.
Fret not – Anwar said that this move is only temporary, “This step is of course temporary, waiting for the oil situation, oil supply and the world economy to recover, but there are no signs of that yet.”
Regardless, the Prime Minister reiterated that Budi95 will remain at RM 1.99/litre. Exceeding the 200-litre quota, users would then be subjected to the floated price, which at the time of writing, is at RM 3.87/litre.