Caltex becomes second company to raise petrol prices this week; third consecutive week of hikes

Motorists in Singapore are feeling the strain on their wallets heading into the weekend, with Caltex matching Shell's Oct 29 increase on Friday (Oct 30).

In a price board update published at 11am, Chevron-owned Caltex announced that it has raised prices for its 92-, 95-octane and premium petrol offerings by three cents each, while keeping its diesel price unchanged.

This follows its last round of price increments posted on Oct 21 , also by 3 cents per litre.

In recent weeks, Shell and Caltex have taken turns to hike petrol prices, with Esso and Sinopec usually the next to raise prices, and lastly, SPC.

But SPC did not raise prices last week, despite the four other major fuel companies doing so.

Following the latest round of price increments, the price of the more popular 95-octane petrol at the five major fuel companies now ranges from $3.56 at SPC to $3.63 at Caltex and Shell.

As compared to its rates before Sept 14, when prices rose again after more than two months , Caltex's 95-octane petrol has now risen by 26 cents.

Meanwhile, Cnergy and Smart Energy have held their price for the petrol grade at $2.69 and $2.62 respectively.

Prices are correct as at 1pm on Oct 30. All prices are before discounts.

*Indicates change to posted price(s) made on Oct 30.

Oil prices rose on Friday — set for a fourth monthly gain — as an attack on ‌a tanker in the Strait of Hormuz on Thursday highlighted the continuing supply risks from the US-Israeli war on Iran, which has entered its eighth month.

It was not immediately clear who was behind the attack.

Brent crude futures for December, which expires on Friday, advanced US$1.20, or 1.04 per cent, to US$116.08 a barrel as at 11.25am (Singapore time).

The more-active January contract gained US$1.39 to US$112.19.

"Continued kinetic action around the Strait ​of Hormuz amidst doubts of a viable diplomatic pathway are keeping oil prices elevated in expectation of an escalation of the conflict in coming weeks," said Saul Kavonic, head of energy research at MST Marquee.

On Thursday, the Houthis said they had attacked several sites in Saudi ​Arabia, including its largest oil refinery, Ras Tanura, the Rabigh refinery and a production facility in Abqaiq owned by state company ​Saudi Aramco, while a Saudi-led coalition said it had intercepted a cruise missile launched by the Houthis towards the kingdom's western region.

新加坡的驾车人士在周末来临之际感受到了钱包的压力，加德士（Caltex）在周五（10月30日）效仿壳牌（Shell）在10月29日的涨价。

雪佛龙旗下的加德士在上午 11 点发布的价格公告中宣布，其 92 号、95 号辛烷值汽油和高级汽油的价格均上调了 3 分，而柴油价格保持不变。

此前，该公司于 10 月 21 日宣布上一轮提价，同样是每升上涨 3 分。

最近几周，壳牌和加德士轮番上调汽油价格，埃索和中石化通常是接下来提价的，最后是SPC。

尽管其他四家主要燃料公司上周都提高了价格，但SPC并没有提高价格。

在最近一轮价格上涨之后，五大燃油公司中更受欢迎的 95 号辛烷值汽油的价格目前从 SPC 的 3.56 美元到 Caltex 和 Shell 的 3.63 美元不等。

与 9 月 14 日之前的价格相比，加德士 95 号汽油的价格在两个多月后再次上涨，目前已上涨 26 分。

与此同时，Cnergy 和 Smart Energy 分别将汽油级汽油的价格维持在每加仑 2.69 美元和 2.62 美元。

价格截至10月30日下午1点有效。所有价格均为折扣前价格。

*表示10月30日公布的价格有所更改。

周五，油价上涨，有望连续第四个月上涨。周四，霍尔木兹海峡发生一起油轮遇袭事件，凸显了美以对伊朗战争持续带来的供应风险，这场战争已经进入第八个月。

目前尚不清楚是谁策划了这次袭击。

截至新加坡时间上午 11 点 25 分，将于周五到期的 12 月布伦特原油期货价格上涨 1.20 美元，涨幅 1.04%，至每桶 116.08 美元。

交投更为活跃的1月份合约上涨1.39美元，至112.19美元。

MST Marquee能源研究主管Saul Kavonic表示：“霍尔木兹海峡周边持续不断的军事行动，以及对可行的外交途径的怀疑，导致油价居高不下，预计未来几周冲突将会升级。”

周四，胡塞武装声称袭击了沙特阿拉伯的多个目标，包括该国最大的炼油厂拉斯塔努拉、拉比格炼油厂以及沙特阿美公司在阿布盖格拥有的一个生产设施。与此同时，沙特领导的联军表示，他们拦截了一枚胡塞武装向沙特西部地区发射的巡航导弹。