Fuel prices increased by 4 cents!!
Tuesday, August 14th, 2012 Posted in News
As of Tuesday, 14 August 2012, 8:00pm, we can confirm that there were fuel price changes at the following stations:
Shell - 13 Aug, 2:00pm
Esso - 13 Aug
Caltex - 13 Aug
SPC - 14 Aug, 2:00pm
Significant changes in prices are reflected in detail and can be viewed in the tables below.
| SHELL | ||
| Type | Old price | New price |
| Fuel Save 95 (95UL) | S$ 2.090 | S$ 2.130 |
| Fuel Save 98 (98UL) | S$ 2.200 | S$ 2.240 |
| V-Power | S$ 2.440 | S$ 2.480 |
| Shell Diesel (AGO) | S$ 1.610 | S$ 1.650 |
| ESSO | |||
| Type | Old price | New price | |
| Synergy 2000 | S$ 2.040 | S$ 2.080 | |
| Synergy 5000 | S$ 2.090 | S$ 2.130 | |
| Synergy 8000 | S$ 2.200 | S$ 2.240 | |
| Synergy Diesel | S$ 1.610 | S$ 1.650 | |
| SPC | ||
| Type | Old price | New price |
| ULG 92 | S$ 2.040 | S$ 2.080 |
| ULG 95 | S$ 2.090 | S$ 2.130 |
| ULG 98 | S$ 2.190 | S$ 2.230 |
| Diesel | S$ 1.610 | S$ 1.650 |
| CALTEX | ||
| Type | Old price | New price |
| Regular 92 with Techron | S$ 2.040 | S$ 2.080 |
| Premium 95 with Techron | S$ 2.090 | S$ 2.130 |
| Platinum 98 with Techron | S$ 2.240 | S$ 2.280 |
| Diesel with Techron | S$ 1.610 | S$ 1.650 |
Summary of Fuel Price Changes:
- Grade 92: Increased by 4 cents (Caltex, SPC and Esso)
- Grade 95: Increased by 4 cents (Caltex, Esso, SPC and Shell)
- Grade 98: Increased by 4 cents (Esso, SPC and Shell)
- Premium: Increased by 4 cents (Caltex and Shell)
- Diesel: Increased by 4 cents (Caltex, SPC, Esso and Shell)
August 14th, 2012 at 8:27 pm
wahlao!! up 7c in a week …. when coming down take ages … WTH!!!
August 14th, 2012 at 10:00 pm
Happy National Day birthday gift from petrol company.
August 15th, 2012 at 9:58 am
Seriously, our ah Gong is not monitoring the petrol company here.
Let them drained us dry as they like. Logic is not right when malaysia petrol w/o subs can still be 50% cheaper than SG petrol. We should vote to form a group to monitor petrol company here in SG on price fixing.
August 15th, 2012 at 12:05 pm
clearly there is price fixing but choose to close 1 eye, not so lucky for the travel and maid agencies
August 15th, 2012 at 12:47 pm
No price fixing. Case say one. There is differentiation in terms of the discounts, loyalty programmes and other benefits
Do you buy it?
August 15th, 2012 at 4:23 pm
its depend on how they look at it, and there is no control or regulation over the petrol co.
they are not concern about petrol price increase will cause other items to follow,
they are more interested in catching underage sax and church monies.
August 15th, 2012 at 6:12 pm
Should it be the job of the transport guy?
Other than COE, ERP, is this the job that he should look at too?
August 16th, 2012 at 3:09 am
@Seriously Drained: Malaysia petrol price is still more expensive than SG, that is if you do not convert the currency. For Malaysians earning ringgit, its still more expensive than SG(without conversion). Your reasoning is flawed.
August 16th, 2012 at 7:29 am
You can’t really say the reasoning is flaw. In the State, the petrol price is also almost same rate as Malaysia. In term of after conversion from USD to SIN.
In short, our petrol price in SG is jacked up alot. And also in State, different petrol station in the same state prices varies as well. Unlike in SG and malaysia, all standard price through out.
August 16th, 2012 at 7:38 am
Expect pump prices to rise even higher!
Title:Oil jumps on shock slide in US crude stocksBy:Date:16 August 2012 0445 hrs (SST)
URL:http://www.channelnewsasia.com/stories/afp_world_business/view/1220382/1/.html
NEW YORK: Global oil prices rebounded Wednesday after a surprise slump in US crude stockpiles that indicated solid demand in the world’s biggest consumer. New York’s main contract, West Texas Intermediate (WTI) light sweet crude for September, added 90 cents to $94.33 a barrel. Brent North Sea crude for delivery in September jumped $2.16 to $116.25. The US Energy Information Administration announced on Wednesday that American crude inventories plunged by 3.7 million barrels in the week to August 10. That was far heavier than market expectations for a drop of 1.9 million barrels, and signalled strengthening US demand. Oil prices are “getting support from the latest inventory report from the US Energy Information Administration”, noted GFT Markets analyst David Morrison. ”This showed that crude stockpiles fell more sharply than expected for the third consecutive week. ”To some extent, the report counters the expectation of moderating demand as global growth continues to slow. Yet US crude inventories are still above the upper limit of the average range for this time of year.” The EIA added that gasoline or petrol inventories slid by 2.4 million barrels. Analysts had pencilled in a drop of 1.7 million. However, distillates — which include diesel and heating fuel — increased by 700,000 barrels. That confounded estimates for a 500,000-barrel decline. The market had risen on Tuesday, helped by US data showing a surge in consumer spending in July and eurozone growth data that came in line with expectations. Concerns about supply shortfalls arising from forthcoming maintenance in the North Sea also lent support, as did worries that violence in Syria could impact the oil-producing Middle East region. In recent days, oil has gained ground from mounting expectations of fresh stimulus measures from the European Central Bank, US Federal Reserve and Beijing, as the global economy falters. ”Crude is also finding support from the expectation of further central bank stimulus,” added analyst Morrison. ”Concerns are growing over Greece’s ability to meet the targets necessary to qualify for its next bailout tranche from the EU/IMF/ECB troika. ”Meanwhile, the problems in Spain appear as intractable as ever. This is raising the prospect that it will be the ECB rather than the US Federal Reserve who will be next to launch additional liquidity measures.”
August 16th, 2012 at 8:31 am
alfred, wat tokking u? so we can say UK petrol price very cheap at 1.3 pound/litre. Or we can say indonesia price very expensive at few thousand rupiah/litre? Of course exchange rate has to be taken into consideration.
If you want to tok about affordability, u want to do divide petrol price by GDP per capital. Wah lau!! isnt that too complicated? So just choose the easy way to compare price.
August 16th, 2012 at 9:53 am
Guys first of all many refineries are shut down for maintenance. Hence its not also crude price but petrol supply. Next a major fire in the US has also affected supply. The Singapore dollar is also not as strengthening in tandem.
SINGAPORE, Aug 14 (Reuters) - Asia’s fuel oil market firmed on Tuesday, with
the prompt August/September closing at a two-session high, while cash premiums
continued to strengthen on improved buying.
The front August/September contract, which expires on Wednesday, inched up
13 cents to $3.38 a tonne. European trader Total picked up 70,000 tonnes of the
contract during the trading window.
Cash premiums for both 180-centistoke (cst) and 380-cst continued to climb
for the three-straight session, as activity on the physical trading window
improved with four deals done.
The 180-cst premium edged up 10 cents to $3.00 a tonne above Singapore spot
quotes, while the premium for 380-cst was 30 cents higher at $3.00 a tonne above
Singapore spot quotes.
August 16th, 2012 at 12:17 pm
Wah this year “Hungry Petroleum Companies Festival” come so early!
August 16th, 2012 at 4:43 pm
@dork: UK price is indeed cheaper as their average wage is higher than SG, if you factored in GDP per capita, shouldn’t SG petrol price be priced sky-high since we are number 1 in the world currently?
http://business.asiaone.com/Business/News/Story/A1Story20120815-365526.html
August 16th, 2012 at 8:40 pm
Msia 95 grade before conversion is 1.9 - definitely cheaper!
August 16th, 2012 at 10:35 pm
Wey:
Their 97 is almost 1/2 price in SGD.
August 17th, 2012 at 9:50 am
like i said earlier, it depend on the govt whether to take action. the maid and travel agencies was fined even though they have different discount and packages.
August 17th, 2012 at 1:15 pm
As long our gov fed well by those petrol company, no action will be taken. Do you if 50% of the car population decided not to go pump petrol in SG but with 3/4 tank to jb to pump will cause panic for them to drop petrol price.
Just thinking of almost the impoosible figure. Don’t think much ppl care and willing to stuck in the jam to support the movement
August 17th, 2012 at 3:22 pm
Updated as at 17 August 2012 3PM
Shell 95 $2.160
Shell 98 $2.270
Shell V-Power $2.510
Shell Diesel $1.680
August 17th, 2012 at 4:29 pm
Here we go again… Shell the first to raise pump price.
Better go and pump before the others raised their petrol prices.
August 17th, 2012 at 6:34 pm
Updated as at 17 August 2012 5PM
Caltex 92 $2.110
Caltex 95 $2.160
Caltex 98 $2.310
Caltex Diesel $1.680
August 17th, 2012 at 7:38 pm
Wonder whether ESSO and SPC will raise prices during the weekends or wait until next Tue
August 17th, 2012 at 8:15 pm
Anyone noe if esso up their price already?
August 18th, 2012 at 8:04 am
Pricing are controlled by LTA. not the Petrol Companies !!!! where is the democracy ?
August 18th, 2012 at 9:02 am
Esso up last night at 9pm. Left spc only
August 18th, 2012 at 1:53 pm
can anyone clarify for me, use OCBC credit card at Caltex, better to use Plus or normal Platinum? Looks like if use Plus, there will no ocbc points, which one is better? thanks!
August 18th, 2012 at 8:59 pm
samsgp. u should use HSBC for caltex.
August 18th, 2012 at 9:17 pm
hi, if only have ocbc, pls advise
August 18th, 2012 at 9:37 pm
Crude drop USD3 yesterday…. should we see a drop in pump price??
Ohhh shit… they don’t work on weekend and holiday.
August 18th, 2012 at 9:55 pm
petrol increased another 3cents on 17 August 12
August 19th, 2012 at 1:19 am
Louis:
The price stat above is aft 17/8 increase.
August 19th, 2012 at 8:04 am
damn it damn expensive now/.
August 19th, 2012 at 12:35 pm
We are like lambs ripe for slaughter to the Petroleum Companies
August 20th, 2012 at 12:48 pm
Hi, anybody knows where to get the latest esso price online ?
I can locate shell/spc/caltex but not esso.
August 20th, 2012 at 1:46 pm
I think they recently just increase another 3 cents to all range of petrol ..
August 20th, 2012 at 2:27 pm
Think esso don publish online.
August 20th, 2012 at 5:47 pm
Esso ron92 is 2.04 as of yesterday at 10pm when i filled up
August 20th, 2012 at 7:37 pm
Esso 8000 is 2.27 as at 20-08 @ 5.25pm
August 21st, 2012 at 10:10 am
Spc still have no increase yet.
August 21st, 2012 at 1:48 pm
SPC
Fuel Pump Prices (S$/Litre)
LEVO 98 2.260
LEVO 95 2.160
LEVO 92 2.110
Diesel 1.650
Pump price information as at 21 August 2012, 1215 hrs.