Page 29 - Policy Economic Report - September 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Table 5: Singapore FOB, refined product prices ($/bbl) in August 2025

Singapore product prices Price ($/b) MoM (%) YoY (%)
change change
-13.8%
Naphtha 62.71 -0.3% -9.9%
-7.9%
Premium gasoline (unleaded 95) 80.11 0.7% -7.7%
-6.4%
Regular gasoline (unleaded 92) 77.96 0.1% -6.4%
-11.4%
Jet/Kerosene 84.46 -3.1%

Gasoil/Diesel (50 ppm) 86.09 -4.9%

Fuel oil (180 cst 2.0% S) 84.46 -4.4%

Fuel oil (380 cst 3.5% S) 61.34 -2.4%

Source - OPEC

Petroleum products consumption in India

Monthly Review:

• Overall consumption of all petroleum products in August 2025 with a volume of 18.73 MMT
registered growth of 2.56% on volume of 18.26 MMT in August 2024.

• MS (Petrol) consumption during the month of August 2025 with a volume of 3.54 MMT recorded
a growth of 5.48% on volume of 3.36 MMT in August 2024.

• HSD (Diesel) consumption during the month of August 2025 with a volume of 6.58 MMT recorded
growth of 1.16% on volume of 6.50 MMT in the month of August 2024.

• LPG consumption during the month of August 2025 with a volume of 2.81 MMT registered a
growth of 5.37% over the volume of 2.66 MMT in the month of August 2024.

• ATF consumption during August 2025 with a volume of 0.711 MMT registered de-growth of 2.88%
over the volume of 0.732 MMT in August 2024.

• Bitumen consumption during August 2025 with a volume of 0.421 MMT registered growth of
47.12% over volume of 0.286 MMT in the month of August 2024.

• Kerosene consumption registered de-growth of 0.91% during the month of August 2025 as
compared to August 2024.

September 2025 Page | 28