The new petroleum prices for April, were approved by the Tonga Competent Authority (TCA), effective today, 1 April 2025.

Wholesale prices for petrol, kerosene, and diesel prices will decrease. Retail diesel price will decrease.

However, the retail prices of petrol and kerosene for Tongatapu will remain unchanged at $3.30/litre and $2.55/litre respectively. The retail price of diesel will decrease by 5 seniti, from $3.40/litre to $3.35/litre.

Consumption tax is included in all price changes.

The Ministry of Trade and Economic Development stated that the crude oil prices have dropped by USD 3.51/bbl and settled lower on ~US$73/bbl by the end of February.

The average Brent crude price for the month was US$74.84/bbl, representing a 4.5% decrease compared to January.

“The significant decrease in crude oil prices is the primary driver behind the decline in all product prices for February.”

The Tongan pa’anga has reversed the recent trend and strengthened slightly against the US dollar further contributing to the price decreases.

The April 2025 price change is based on the February 2025 average of the published daily Mean of Platts Singapore (MOPS) benchmark prices for product prices and freight, along with that month’s exchange rate.

The recommended wholesale prices have been calculated using 2024 Annual Review decisions approved by the Tonga Competent Authority on 10 October 2024.