Petrol prices climb for third consecutive day in Singapore as Sinopec raises rates

Pump pressure is mounting in Singapore, with Chinese state-owned Sinopec becoming the latest fuel retailer to raise petrol prices on Thursday (Oct 1).

In a price board update posted at its stations on Thursday afternoon, Sinopec announced that it had raised prices across its petrol offerings — 95-octane, 95-octane and premium petrol — by 5 cents each, while keeping diesel prices unchanged.

The move mirrors Esso's upward adjustment on Sept 30 , and increases announced by both Shell and Caltex a day earlier .

Following the latest round of hikes, the price of the more popular 95-octane petrol at the five major fuel companies now ranges from $3.48 per litre at SPC, to $3.54 per litre at Caltex, Esso, Shell and Sinopec.

During the last round of adjustments between Sept 14 and 20, SPC was also the last among the major fuel companies to raise its prices.

Prices are correct as at 5.45pm on Oct 1. All prices are before discounts.

*Indicates change to posted price(s) made on Oct 1.

The new front-month December Brent crude futures contract traded at US$100.71 per barrel at 5.55pm (Singapore time) on Thursday, rising 2.68 per cent from Wednesday.

This came after China announced on Thursday that it would suspend exports of oil products to regions beyond Hong Kong and Macau until further notice from Beijing.

Meanwhile, investors remain wary as US-Iran talks aimed at ending the war have yet to achieve significant breakthroughs.

新加坡的汽油价格压力不断增加，中国国有企业中石化于周四（10 月 1 日）成为最新一家提高汽油价格的燃料零售商。

周四下午，中石化在其加油站张贴的价格公告中宣布，旗下所有汽油产品（95号汽油、95号汽油和高级汽油）的价格均上调5美分，而柴油价格保持不变。

此举与埃索在 9 月 30 日的提价调整相呼应，也与壳牌和加德士在前一天宣布的提价相一致。

在最近一轮涨价之后，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 的每升 3.48 美元到 Caltex、Esso、Shell 和 Sinopec 的每升 3.54 美元不等。

在 9 月 14 日至 20 日的最后一轮价格调整中，SPC 也是主要燃料公司中最后一个提高价格的公司。

价格截至10月1日下午5点45分有效。所有价格均为折扣前价格。

*表示10月1日公布的价格有所更改。

周四下午5点55分（新加坡时间），12月布伦特原油期货新合约报每桶100.71美元，较周三上涨2.68%。

此前，中国于周四宣布，将暂停向香港和澳门以外的地区出口石油产品，直至北京另行通知。

与此同时，由于旨在结束战争的美伊谈判尚未取得重大突破，投资者仍然保持谨慎。