Esso becomes second company to raise petrol prices on Oct 22, third this week
Esso became the second major fuel company in Singapore to raise its petrol prices on Thursday (Oct 22) .Its 3-cent per litre hike across its petrol offerings, while keeping its price of diesel unchanged, mirrored adjustments posted by Shell in the morning and Caltex a day earlier.AsiaOne had reported earlier that this week's adjustments mark the first fuel hikes in consecutive weeks since Sept 14, when rates rose again after more than two weeks.Since then, and until this week, price hikes had been posted every alternate week.Chandra Asri-owned Esso's latest adjustment comes just slightly over a week after another 3-cent hike on Oct 13. As compared to its rates before Sept 14, Esso's 95-octane petrol price has now risen by 23 cents.