The retail prices for petrol and kerosene have decreased, while the price of diesel has increased in the changes in fuel prices that go into effect on Monday, 1 September.

Petrol decreases by 2.6 sene per litre, from $3.02 to $2.99, diesel increases by 4.7 sene per litre, from $3.11 to $3.16, and kerosene decreases by 2.9 sene per litre, from $2.69 to $2.66.

The September prices are based on the July 2025 Mean of Platts Singapore (MOPS) marker prices.

According to the Ministry of Finance, crude oil and refined product price forecasts continue to be influenced by geopolitical developments in Ukraine and the Middle East. In addition, ongoing concerns regarding the impact of the United States' new trade policies on the global economy add further uncertainty to international price trends.