As Acting Minister of Finance, I hereby announce that the following changes in the retail petroleum product prices, inclusive of VAGST, will apply from 1st October 2024.
All retail products recorded price decreases: Petrol decreased by 18.9 sene per litre, from $3.17 to $2.98 per litre; Diesel decreased by 18.7 sene per litre, from $3.27 to $3.08; and Kerosene decreased by 18.1 sene per litre, from $2.86 to $2.68. The October prices are based on the August 2024 Mean of Platts Singapore (MOPS) marker prices.
Increasing concerns regarding the Middle East crisis initially set the oil price trajectory upwards; however, these were not enough to sustain prices, which on average were between US$6.00 and US$7.00 per BBL lower in August. The main driver of oil prices now is concern about the downturn in the global economy, particularly China’s lower growth forecasts and, consequently, oil demand.
END.
PEPA O FAAMATALAGA – Tau o le Suau’u mo le Masina o OKETOPA, 2024
I le ava tele, ua fa’alauiloaina atu tau fou o le suau’u e äfua atu i le Aso 1 o OKETOPA, 2024.
Na saunoa le Afioga i le Sui Minisita o Tupe i suiga o le tau o le Suauu mo le masina o Oketopa. O le Penisini o le a pa’u i le 18.9 sene i le lita mai le $3.17 i le $2.98 i le lita, o le Tiso o le a pa’u i le 18.7 sene i le lita mai le $3.27 i le $3.08 i le lita ae o le Karasini o le a pa’u i le 18.1 sene i le lita mai le $2.86 i le $2.68 i le lita. O tau o le suau’u mo le masina o Oketopa o 1o’o fa’atulagaina mai i le tau o le suau’u i Sigapoa i le masina o Aukuso 2024.
Ua iai le popolega i le tau mo suauu, ona o taua i Sasae Tutotonu ua avea ma auala e si’itia ai le tau o le suauu, ma ua le mafai ai ona faatumauina le tau o le paelo mai le $6.00 i le $7.00 Tala Amerika lea sa pa’u maualalo ai i le masina o Aukuso. O le suiga o le tau mo le suauu, e afua mai i le maualalo o le tamaoaiga o le lalolagi aemaise ai le agai i lalo o le tamaoaiga ma le manaomia e Saina o le suauu.
MAEA.
TU’UFA’ATASIA – Matagaluega o Tupe
