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Caltex kicks off new round of petrol price hikes

About 10 days after the last round of fuel price adjustments were posted by fuel companies here, 'pump pressure has' gone up again.In a price board update posted at 1pm, Chevron-owned Caltex announced a 3-cent hike across its petrol offerings, while keeping the price of its diesel unchanged.The last round of adjustment — a 5-cent increase for its 92-, 95-octane...

AsiaOne Singapore查看原文 ↗
Caltex kicks off new round of petrol price hikes
Caltex kicks off new round of petrol price hikes

About 10 days after the last round of fuel price adjustments were posted by fuel companies here, 'pump pressure has' gone up again.

In a price board update posted at 1pm, Chevron-owned Caltex announced a 3-cent hike across its petrol offerings, while keeping the price of its diesel unchanged.

The last round of adjustment — a 5-cent increase for its 92-, 95-octane and platinum-98 petrol — was posted on Sept 29 .

Prior to the upward adjustments since mid-September, the price of Caltex's more popular 95-octane petrol was priced at $3.37 per litre (Sept 6).

Its latest price for the petrol grade is now $3.54, or 17 cents higher.

Caltex now is the most expensive for 92- and 95-octane petrol in Singapore.

Prices are correct as at 4.30pm on Oct 12. All prices are before discounts.

*Indicates change to posted price(s) made on Oct 12.

Oil prices dipped on Monday morning on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities .

This follows a US diesel-supply deal with Moscow, also announced by Trump.

After the announcement, Brent crude futures fell to US$104.50 a barrel at about 4.20pm (Singapore time).

But prices are likely to remain volatile.

Ukrainian President Volodymyr Zelenskyy said that while his country "welcomed" the announcement by Trump as "good news for everyone", Russia was still hitting energy infrastructure in Kyiv and in the city of Kharkiv.

The presidential office confirmed the Kharkiv attack came after Trump's ceasefire post.

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