Sinopec kicks off fourth consecutive week of petrol price rise in Singapore
Petrol prices in Singapore rose for a fourth consecutive week on Monday (Nov 2), with Chinese state-owned Sinopec picking up on increments posted by Caltex, Esso and Shell last week. In a price board update published on Monday morning, Sinopec announced that it has raised prices for its 95-, 98-octane and premium petrol offerings by three cents each, while keeping its diesel price unchanged.The 3-cent per litre petrol price hike mirrored adjustments posted by Caltex, Esso and Shell. Sinopec last raised its petrol prices, also by 3 cents per litre, on Oct 23.