Crude Oil Price in Singapore
The chart above illustrates Crude Oil prices in Singapore, in SGD/Bbl, from March 2024 to March 2025, as follows:
- Crude Oil, imp, SG: Crude Oil, import spot, cif, Singapore
Further information about price assessments covered can be found in the assessments guide.
For March 2025, the price of Crude Oil, imp, SG was approximately 103 SGD per Bbl. This indicated a 6.8% fall when compared to the value of the previous month. Furthermore, a year-over-year analysis showed that Crude Oil, imp, SG prices decreased by 15.7%.
Recent data, updated on October 3rd, 2025, can be found in the Singapore Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Crude Oil, encompassing production, demand and trade dynamics. It also covers other energy commodities in Singapore, presenting price assessments and market analyses of production, demand, trade, and Singapore's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Crude Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Crude Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Crude Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Crude Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Singapore's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Singapore's energy balance and self-reliance, identifying exposure to external supply sources.
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Monthly Report Updates
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Comprehensive Coverage
Includes Crude Oil and other eleven key energy commodities analyzed in each edition.
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