Channel NewsAsia -
All four petrol companies in Singapore — Caltex, Esso, Shell and
Singapore Petroleum Company have increased their pump prices by
four cents for petrol and five cents for diesel.
Before a discount, the 92—octane unleaded petrol is priced at
S$2.053 per litre, the 95 unleaded costs S$2.086 a litre and the 98
grade petrol is now at S$2.16.
The price of diesel now stands at S$1.613 a litre.
This is the second time in a month that pump prices have seen an
increase and is the eight since July 2007.
The world price of oil hit another record high of above US$111
in Asian trade, on the dollar’s record low and in turn is leading
to another record high for petrol and diesel prices in Singapore. —
CNA/vm