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Diesel crosses $4, 98-octane nears $4 as Singapore fuel prices rise for first time in 2 months

newsdepo.com · economy

Fuel prices in Singapore rose on Monday (Sept 14) after over two months of unchanged prices — with posted prices for diesel crossing the $4 mark, while 98-octane petrol prices again hovered close to $4 per litre.Shell was first to kick off changes, announcing in a price board update at 12pm on Monday that it has increased prices across its fuel offerings — 95-, 98-octane petrol, V-Power, and diesel — by 8 cents respectively.Then, at 2.30pm, Caltex posted a 12-cent increase across its 92-, 95-, 98-octane petrol and diesel prices.Esso was the last of the three fuel companies here to make a move, mirroring Shell to raise prices across its fuel offerings — 92-, 95-, 98-octane petrol and diesel — by 8 cents each.Following the latest round of price adjustments, the price of the more popular 95-octane petrol now ranges from $3.36 at SPC to $3.49 at Caltex.Meanwhile, the price of diesel now ranges from $3.89 at SPC and Sinopec to $4.07 at Caltex.At the time of this article's publication, only SPC and Sinopec have not posted adjustments to their fuel prices.

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