This paper attempts to identify the main trends in bilateral mineral fuel and oil trade between India and Singapore. It focuses on the last five years (2003-2007) with the specific objective of identifying the leading commodities being traded on either side at a disaggregated level and the market determinants of such trade. The paper has an empirical approach and employs statistical methods for arriving at the main conclusions. The analysis is based on detailed trade records (at 8-digit level of commodity classification) of the International Enterprise (IE) Singapore for the period 2003-2007.