Shell hikes fuel prices for 2nd straight day as Sinopec catches up, 98-octane now past $4
Fuel prices in Singapore rose for a second consecutive day on Tuesday (Sept 15), as Sinopec matched the price increases posted by Shell, Caltex and Esso a day earlier. On Tuesday afternoon, Shell raised its posted fuel prices again, marking its second increase in just over 24 hours.China-owned Sinopec kicked off the latest round of price adjustments on Tuesday morning, posting an 8-cent increase across all its fuel offerings, mirroring increments implemented by Shell and Esso on Monday.At 1pm, Shell announced via a price board update that it had raised its posted prices for its 95-, 98-octane petrol, V-Power and diesel by a further 4 cents per litre. This brings Shell's total increase over about 25 hours to 12 cents per litre for every type of fuel at its pumps.