Singapore Petrol Prices Drop, SPC Has Cheapest Option For Diesel & 98-Octane
Pump operators across Singapore have lowered petrol prices, following reductions by Esso and Shell last Friday (29 May).
While prices for diesel, 92-octane and 95-octane fuel are rather similar, the price differences are more significant when it comes to 98-octane petrol.
Here’s a breakdown of the prices according to fuel price tracker, Fuel Kaki.
1. Caltex
Caltex‘s “Ultra Premium” 98-octane petrol is the priciest among the bunch at $2.48/litre. That said, it’s still 4 cents lower than what it was before.
The rest of its offerings are similarly priced to the other competitors.
- Diesel: $1.67/litre
- 92-octane: $1.95/litre
- 95-octane: $1.99/litre
- Ultra Premium 98-octane: $2.48/litre
Prices as of 30 May, 12.53pm.
2. Esso
Esso‘s prices as of the time of this article remain unchanged from its previous revision on 29 May.
While its prices for diesel, 92-octane, and 95-octane are the same as other operators, its Synergy Supreme+ 98-octane petrol is priced at $2.36/litre, 12 cents lower than Caltex’s “Ultra Premium” option.
- Diesel: $1.67/litre
- 92-octane: $1.95/litre
- 95-octane: $1.99/litre
- 98-octane: $2.36/litre
Prices as of 29 May, 4.46pm.
3. Shell
Shell‘s V-power petrol – marketed as more atas than 98-octane – remains the most expensive option among the 5 operators at $2.61/litre.
While the anglo-dutch operator may not offer the 92-octane option, the rest of its products are competitively priced to its other companies.
- Diesel: $1.67/litre
- 95-octane: $1.99/litre
- 98-octane: $2.38/litre
- V-power: $2.61/litre
Prices as of 29 May, 6.30pm.
4. Sinopec
Sinopec‘s diesel and 95-octane offerings are priced similarly to the other companies, but its 98-octane option has since been adjusted to $2.36/litre which matches Esso’s price.
The price of its top-of-the-chain SINO X Power petrol has also been lowered by 4 cents and now costs $2.51/litre — just 3 cents higher than Caltex’s “Ultra Premium” 98-octane option.
- Diesel: $1.67/litre
- 95-octane: $1.99/litre
- 98-octane: $2.36/litre
- SINO X Power: $2.51/litre
Prices as of 30 May, 1pm.
5. SPC
SPC‘s prices seem to be the most competitive among the lot, with the cheapest rates for both its diesel and 98-octane options.
The subsidiary of Chinese company PetroChina had previously kept prices constant despite being placed under pressure to increase prices by its competitors.
- Diesel: $1.64/litre
- 92-octane: $1.95/litre
- 95-octane: $1.99/litre
- 98-octane: $2.33/litre
Prices as of 7 May, 2.05pm.
Good news for motorists
The drop in petrol prices would certainly come as good news for motorists who are planning to drive when they return to work when ‘Circuit Breaker’ measures eases.
That said, we hope Singaporeans will remain cautious about their activities and refrain from heading out unless absolutely necessary.
Featured image adapted from AOGM.net.
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