Petrol prices rise for second straight day as Shell matches Caltex’s hike

Motorists in Singapore saw a second consecutive day of pump price hikes after Shell on Thursday (Oct 22) matched Caltex’s Wednesday increase .

The latest adjustments also mark the first fuel price hikes in consecutive weeks since Sept 14, when rates rose again after more than two months.

AsiaOne observed that until this week, price hikes had been posted every alternate week.

In a price board update published at 10am, London-headquartered Shell announced a three-cent increase across its 95-octane, 98-octane and V-Power petrol grades.

Like Caltex, Shell also kept the price of its diesel unchanged.

Following the latest round of posted adjustments, the price of the more popular 95-octane petrol at major fuel companies here now ranges from $3.56 per litre at SPC to $3.60 per litre at Caltex and Shell.

Meanwhile, Cnergy and Smart Energy are still offering the petrol grade at $2.69 per litre and $2.62 per litre respectively.

Prices are correct as at 12pm on Oct 22. All prices are before discounts.

*Indicates change to posted price(s) made on Oct 22.

During the recent rounds of hikes, Caltex, Esso and Shell were the first to raise prices, followed by Sinopec and then SPC.

Across the Causeway, Government-controlled prices for unsubsidised Ron95, Ron97 and diesel fell for a second consecutive week due to expectations of increased fuel supplies from China, supported by exports from other Asian countries such as South Korea.

Oil prices rose on Thursday as fresh Houthi attacks in Saudi Arabia prompted the US to order some diplomats and family members to leave its missions in the Kingdom.

At 8.34am (Singapore time), Brent crude futures rose US$1.29 (S$1.65), or 1.2 per cent, to US$110.01 a barrel, while US West Texas Intermediate crude gained 97 cents, or one per cent, to US$98.12.

新加坡的驾车人士连续第二天面临汽油价格上涨，壳牌公司周四（10 月 22 日）跟进加德士周三的涨价。

此次最新调整也标志着自 9 月 14 日以来燃油价格首次连续数周上涨，当时油价在两个多月后再次上涨。

AsiaOne 观察到，直到本周，价格上涨都是每隔一周发布一次。

总部位于伦敦的壳牌公司在上午 10 点发布的油价更新中宣布，其 95 号、98 号和 V-Power 汽油等级的价格均上涨 3 分。

与加德士一样，壳牌也保持了柴油价格不变。

在最新一轮价格调整之后，本地主要加油站更受欢迎的95号汽油价格目前从SPC的每升3.56美元到Caltex和Shell的每升3.60美元不等。

与此同时，Cnergy 和 Smart Energy 仍然分别以每升 2.69 美元和 2.62 美元的价格提供汽油。

价格截至10月22日中午12点有效。所有价格均为折扣前价格。

*表示 10 月 22 日公布的价格有所更改。

在最近几轮油价上涨中，加德士、埃索和壳牌率先提价，随后是中石化，最后是上油。

在长堤另一侧，由于预期中国将增加燃料供应，加上韩国等其他亚洲国家的出口，政府控制的非补贴汽油95号、97号和柴油价格连续第二周下降。

周四，由于沙特阿拉伯境内胡塞武装发动新的袭击，促使美国下令部分外交官及其家属离开其在沙特的使团，油价上涨。

新加坡时间上午 8 点 34 分，布伦特原油期货上涨 1.29 美元（1.65 新元），涨幅 1.2%，至每桶 110.01 美元；美国西德克萨斯中质原油期货上涨 0.97 美元，涨幅 1%，至每桶 98.12 美元。