Economy

Petroleum Prices up for October

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An oil tanker at the Apia port, loading petroleum supplies for Samoa on Monday this week.

Apia, SAMOA – 01 October 2026 – The petroleum prices all increase for October with diesel recording the highest at 22.6 sene a litre.

The prices issued by the Ministry of Finance last night:

  • Petrol: increase by 3.5 sene per litre, from $3.54 to $3.58
  • Diesel: increase by 22.6 sene per litre, from $4.22 to $4.44
  • Kerosene: increase by 12.5 sene per litre, from $3.78 to $3.90

The Ministry says the October Retail Prices are based on Cargo loading in August delivered to Samoa in September 2026.

The Iran/US conflict continue to impact the petroleum products prices and the consequential disruption of crude oil supplies via the Straits of Hormuz has now spread to the Yemen with the Iran-backed Houthi rebels seizing key territory along the country’s Red Sea coast.

New concerns are now being expressed about the security in the Bah el-Mandeb Strait, a critical global shipping route from the Red Sea. Crude and refined product prices are forecast to continue at current levels.

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