Minister of Finance Sili Epa Tuioti announced new prices effective from 1 March 2018.
The price of a litre of petrol has increased by 2 sene to now cost $2.69.
Diesel has increased by 5 sene to $2.70 a litre.
The price of kerosene has increased by 6 sene from $2.31 to $2.37 a litre.
A statement said the March prices reflected January Singapore Prices ‘MOPS’ which recorded increases between US $3.00/bbl and 5.50/bbl.
Freight Costs decreased by US$3.50/ MT and the TALA strengthened against the US$ by 2.3% easing some of the impact of the higher MOPS.”