🔥 Trending Singapore Fuel Prices Surge: What You Need to Know

As of July 5, 2026, Singapore, a major global bunkering hub, provides various fuel prices for both marine and automotive sectors. It's important to distinguish between marine fuel (bunker fuel) and retail automotive fuel prices.

Marine Fuel Prices in Singapore

Singapore is the world's largest bunkering port, making marine fuel prices a significant indicator for global shipping. Live prices are available for different types of marine fuels ¹:

• MGO (Marine Gas Oil): This is a distillate fuel primarily used in smaller vessels or for auxiliary engines.
• VLSFO (Very Low Sulphur Fuel Oil): A blend of residual and distillate fuels with a sulfur content of 0.5% or less, compliant with IMO 2020 regulations.
• HFO (Heavy Fuel Oil): A residual fuel, typically with higher sulfur content, used by larger vessels equipped with scrubbers.

These prices are dynamic and can be tracked in real-time ¹. For specific, up-to-the-minute figures, specialized platforms provide live data ¹.

Crude Oil Benchmarks Relevant to Singapore

While not direct retail or bunker fuel prices, the cost of crude oil significantly influences all petroleum product prices. Singapore's fuel market is impacted by global crude oil benchmarks such as ²³:

• WTI (West Texas Intermediate): A benchmark for U.S. crude oil.
• Brent Crude: A global benchmark for crude oil from the North Sea, widely used for pricing oil worldwide.
• OPEC Basket: The average price of crude oils produced by OPEC member countries.

These crude oil prices are often quoted in USD and can also be tracked against the Singapore Dollar (SGD) ².

Automotive Fuel Prices

For automotive fuels in Singapore, specific daily prices for gasoline (unleaded, premium) and diesel are generally provided by local fuel retailers. While direct current prices for Singapore's automotive sector are not provided in the given sources, it's a common practice for countries to have daily updates for these products ⁷.

It is important for consumers and businesses to consult specific, up-to-date sources for the most accurate and real-time fuel prices, whether for marine operations or daily automotive use.