Fuel Retail Prices Up for April 2025

The new retail prices for Petroleum Products all go up for April 2025.

Petrol increases by 9.9 sene to $3.09 per litre. Diesel increases by 7.5 sene to $3.17 per litre and Kerosene up by 11 sene to $2.81 per litre.

The April prices are based on February 2025 Mean of Platts Singapore ‘MOPS’ marker prices.

The Minister of Finance said movements in crude and refined product prices continue to be erratic. Increases have been the order of the day since October 2024; however, these have slowed in February due to concerns that U.S. trade policies will have a negative effect on world economic growth.

Additionally, adding to local costs, February shipping/freight costs increased by 13%, and the US$ strengthened against the Tala by 2%.