Petrol prices up by 4 to 7 cents a litre, diesel by 8 to 16 cents a litre, compared to two weeks ago. Read more at straitstimes.com.
SINGAPORE - Fuel pump prices are still climbing, with the popular 95-octane petrol now inching towards the $3 per litre mark, a level it last breached some 18 months ago.
Compared with two weeks ago, petrol prices have risen by between four and seven cents a litre, while diesel prices are up by eight to 16 cents a litre. With the latest changes, pre-discount rates for diesel are now between $2.56 and $2.61 – a development which will add to transportation and delivery costs, and which may push drivers and companies to use fuels of lower quality dispensed by “white pumps”.
After discounts, Sinopec and fellow Chinese operator SPC have the lowest rates for diesel, at $2.03 for Sinopec and $2.05 for SPC. The priciest brand is Shell, where the fuel is on average $2.23 a litre.
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