Page 33 - Policy Economic Report - October 2025
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POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Table 5: Singapore FOB, refined product prices ($/bbl) in September 2025
Singapore product prices Price ($/b) MoM (%) YoY (%)
change change
-7.3%
Naphtha 65.17 3.9% -1.7%
1.5%
Premium gasoline (unleaded 95) 81.47 1.7% 3.1%
5.5%
Regular gasoline (unleaded 92) 79.52 2.0% 5.1%
-5.2%
Jet/Kerosene 87.05 3.1%
Gasoil/Diesel (50 ppm) 88.77 3.1%
Fuel oil (180 cst 2.0% S) 87.31 3.4%
Fuel oil (380 cst 3.5% S) 61.54 0.3%
Source - OPEC
Petroleum products consumption in India
Monthly Review:
? Overall consumption of all petroleum products in September 2025 with a volume of 18.70 MMT
registered growth of 7.40% on volume of 17.41 MMT in September 2024.
? MS (Petrol) consumption during the month of September 2025 with a volume of 3.40 MMT
recorded a growth of 8.01% on volume of 3.15 MMT in September 2024.
? HSD (Diesel) consumption during the month of September 2025 with a volume of 6.79 MMT
recorded growth of 6.67% on volume of 6.37 MMT in the month of September 2024.
? LPG consumption during the month of September 2025 with a volume of 2.80 MMT registered a
growth of 7.40% over the volume of 2.61 MMT in the month of September 2024.
? ATF consumption during September 2025 with a volume of 0.720 MMT registered de-growth of
0.83% over the volume of 0.726 MMT in September 2024.
? Bitumen consumption during September 2025 with a volume of 0.560 MMT registered growth
of 34.53% over volume of 0.416 MMT in the month of September 2024.
? Kerosene consumption registered growth of 0.63% during the month of September 2025 as
compared to September 2024.
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