Fuel price surge hits Fiji from today

Fuel prices have surged sharply across Fiji, with motorists and households waking today to steep increases at the pump.

New prices approved by the Fijian Competition and Commission (FCCC) came into effect today, April 1, pushing fuel costs up by as much as 75 cents per litre in some categories. 

On Viti Levu, petrol now sells for $2.93 per litre, up from $2.44, while diesel has climbed from $2.14 to $2.89 per litre. Kerosene recorded one of the biggest jumps, rising from $1.69 to $2.40 per litre. 

Similar increases have been recorded across the country, including Vanua Levu, Ovalau and the outer islands, with Rotuma facing the highest prices. 

The FCCC said the sharp rise was driven by global factors, including significant increases in international refined fuel prices and a stronger United States dollar. 

It said kerosene and diesel prices were particularly affected, with global refined prices rising by 59.80 per cent and 56.22 per cent respectively. 

The commission also pointed to ongoing geopolitical tensions, noting that escalating conflict in the Middle East had disrupted up to 20 per cent of the world’s seaborne oil supply, pushing global prices higher. 

“While prices may increase, ensuring that suppliers are able to access, and secure supply is critical to prevent shortages and maintaining economic stability.” 

Despite the spike in fuel costs, LPG prices have remained largely stable, with slight decreases recorded for cylinder products. 

The FCCC says it will continue monitoring fuel outlets nationwide to ensure compliance with the new maximum prices.