Singapore petrol prices rise for fourth straight day as SPC joins latest wave of hikes

Pump prices rose for a fourth consecutive day this week on Friday (Oct 2), with Chinese state-owned SPC becoming the last of five major fuel companies in Singapore to raise petrol prices.

In a price board update published at 3pm, PetroChina-owned SPC announced that it has raised the price of its 92-octane petrol by 15 cents, while its prices for 95-, and 98-octane petrol were raised by 5 cents each.

But, mirroring the earlier hikes by Caltex, Esso, Shell and Sinopec, SPC has also kept the price of its diesel unchanged.

Shell and Caltex were the first two major fuel companies in Singapore to raise pump prices on Tuesday, followed by Esso a day later, and Sinopec on Thursday.

After the latest round of increases, the price of the more popular 95-octane petrol now ranges from $2.54 at Cnergy to $3.54 at Caltex, Esso, Shell and Sinopec.

Prices are correct as at 6pm on Oct 2. All prices are before discounts.

*Indicates change to posted price(s) made on Oct 2.

Oil prices fell about three per cent and European gasoil futures dropped over five per cent on Friday after reports of talks on additional diesel and crude stock releases , easing concerns over tight global energy supplies.

Brent fell US$2.83 (S$3.62), or 2.77 per cent, to US$99.48 a barrel at 4.42am (Singapore time). West Texas Intermediate dropped US$3.35, or 3.61 per cent, to US$89.52 a barrel.

"The whole energy complex trades lower, led by gasoil and ULSD, as EU countries discuss releasing fuel and crude stockpiles to ease acute market tightness and help avert a potential US diesel export ban," Ole Hansen, head of commodity strategy at Saxo Bank, said.

Meanwhile, US President Donald Trump said that Iran would be struck "very hard" if it was found to be linked to the co-pilot who tried to crash and Israel-bound flight .

本周五（10 月 2 日），汽油价格连续第四天上涨，中国国有企业新加坡石油公司 (SPC) 成为新加坡五大燃料公司中最后一家提高汽油价格的公司。

下午 3 点，中石油旗下的 SPC 发布价格公告，宣布将 92 号汽油价格上调 15 分，95 号和 98 号汽油价格各上调 5 分。

但与加德士、埃索、壳牌和中石化此前的提价举措类似，SPC也维持了柴油价格不变。

周二，壳牌和加德士是新加坡首批提高汽油零售价格的两家主要燃油公司，第二天埃索跟进，周四中石化也提高了汽油零售价格。

在最近一轮涨价之后，更受欢迎的 95 号辛烷值汽油的价格现在从 Cnergy 的 2.54 美元到 Caltex、Esso、Shell 和 Sinopec 的 3.54 美元不等。

价格截至10月2日下午6点有效。所有价格均为折扣前价格。

*表示10月2日公布的价格有所更改。

周五，受有关增发柴油和原油库存谈判的消息影响，油价下跌约3%，欧洲柴油期货下跌超过5%，缓解了人们对全球能源供应紧张的担忧。

新加坡时间凌晨4点42分，布伦特原油价格下跌2.83美元（3.62新元），跌幅2.77%，至每桶99.48美元。西德克萨斯中质原油价格下跌3.35美元，跌幅3.61%，至每桶89.52美元。

盛宝银行大宗商品策略主管奥勒·汉森表示：“由于欧盟各国正在讨论释放燃料和原油库存以缓解市场供应紧张，并帮助避免美国可能实施的柴油出口禁令，整个能源板块交易走低，其中柴油和超低硫柴油领跌。”

与此同时，美国总统唐纳德·特朗普表示，如果发现伊朗与试图撞毁飞往以色列航班的副驾驶员有关，伊朗将受到“非常严厉的”打击。