Fuel Prices Singapore

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Part of: GIZ International Fuel Price database
Also see: Singapore Energy Situation

Fuel Pricing Policies

Local Currency: SGD
Exchange Rate: 1.301


Last Update:

The downstream market is liberal in Singapore. Pricing is also liberal. The downstream market is oligopolistic, since there are only four retailing companies in Singapore.

Official information could not (yet) be found on the internet; hints welcome!

PetrolWatch (http://www.petrolwatch.com.sg/) is an independent website that monitors fuel prices and also publishes historic fuel prices.

Several Oil Companies, as ExxonMobil, gives some information on the fuel price composition (http://www.exxonmobil.com/).

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Source: http://www.petrolwatch.com.sg

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2011/05/09.

GIZ IFP2012 Singapore.png

„Handling costs + revenue“ includes any handling costs: long-haul shipping, storage, local distribution, service station costs, financial, promotional and administrative costs.

Source: own calculation based on http://www.exxonmobil.com/ and http://www.aip.com.au/ (for MOPS95 data)

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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No official fuel pricing information found yet, hints welcome.

Sources to the Public

Type of Information Web-Link / Source
Price Composition http://www.exxonmobil.com/AP-English/energy_fuelpricing.aspx
Pump prices and margins http://www.petrolwatch.com.sg/


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de