Minister Announces Huge Drop in Fuel Prices for February 2026

2026-02-01 - 00:09

01 February 2026, Apia Samoa. Retail Fuel Prices. The Minister of Finance has advised that the following changes in retail petroleum product prices, inclusive of VAGST, will apply from 1st February 2026: Petrol: decrease by 5.7 sene per litre, from $2.97 to $2.91 Diesel: decrease by 22.9 sene per litre, from $3.22 to $3.00 Kerosene: decrease by 18.7 sene per litre, from $2.85 to $2.66 February Retail Prices are based on December Cargo Uplifts from Singapore, delivered into Apia in January. A combination of crude oil oversupply forecasts, high inventories, and slowing economic growth concerns combined to lead the market into a downward spiral during December 2025. Added to this are recent political uncertainties, and the crude and refined product markets can expect further turbulence into 2026. Hon Minister of Finance Mulipola Anarosa Molio’o Ale.