MEDIA RELEASE : All retail products recorded price increases: Petrol will increase by 9.9 sene per litre from $3.36 to $3.46, Diesel will increase by 1.3 sene per litre from $3.45 to $3.46, and there will be a 0.1 sene increase in Kerosene, with the price remaining the same at $3.05 per litre.
Samoa’s June prices are based on the April 2024 Mean of Platts Singapore ‘MOPS’ market prices.
Price movements in crude oil/refined products prices have become relatively stable over the last 3 months, as conflicting external factors push prices up one day and then down the next.
Typically, petrol prices increase as the northern summer increases car travel, while diesel prices seem to react to reports on the lack of global economic growth.