Petrol Prices in S’pore Have Started to Increase After Russia Invaded Ukraine


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There’s no worse period than being an automobile owner right now as petrol prices have started to climb ever since Russia’s invasion of Ukraine.

Users of petrol and diesel price tracker Fuel Kaki can see that Caltex—a petroleum brand under Chevron corporation and used across 29 countries in the Asia-Pacific region—has increased its diesel price by six cents, and petrol prices by seven cents across all grades.

Esso has increased its prices by eight cents to all fuel prices while Sinopec—a Chinese oil and gas enterprise based in Beijing—has increased diesel, 95-octane, and 98-octane petrol by eight cents and their premium 98-octane by 21 cents.

Shell also increased their diesel price by six cents and 95-octane plus 98-octane petrol by seven cents. However, their premium 98-grade has been lowered by 15 cents.

In other words…lai liao.

Prices At Petrol Stations In Singapore Now  

Meanwhile, Singapore Petroleum Company (SPC)—a subsidiary of Chinese state-owned company PetroChina—has yet to increase its prices. SPC’s current prices now are $2.31 for diesel, $2.72 for 92-octane, $2.75 for 95-octane, and $3.21 for 98-octane.

Currently, Shell’s prices stand at $2.42 for diesel, $2.85 for 95-octane, and $3.34 for 98-octane. 92-octane fuel is not available at Shell.

This means that as of now, Shell is offering the cheapest 98-octane fuel at $3.34 per liter.

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Petrol Price Advantage for Certain Bank Card Users (OCBC, DBS, Citibank)

Discounts on petrol however are still available for OCBC Voyage, OCBC 365, and Plus! Cards.

Caltex will provide the lowest priced 92-octane fuel—using the OCBC Voyage card will get you the 92-octane fuel at $2.26 while using either the OCBC 365 or Plus! card can get you the 92-octane fuel at $2.29.

SPC offers a flat rate price of $2.31 regardless of bank card.

The popular 95-octane fuel among local drivers is still offered the cheapest by Sinopec which is priced at $2.23 per litre. This is followed by Caltex with $2.31 for OCBC Voyage card users, Esso with $2.33 for DBS Esso card users, and SPC with $2.34 for a range of cards.

The 98-octane fuel is offered the cheapest by Sinopec at $2.60, followed by Esso at $2.71 for DBS Esso card users, and SPC with $2.75 for a range of cards.

Premium grade petrol is offered cheapest by Sinopec at $2.68 for OCBC card users and most expensive with Shell at $3.01 for UOB One card users.

The premium-grade petrol at Shell however will be cheaper at $2.87 with other cards while Caltex offers their premium grade petrol at a range of $2.88 – $2.95.

And if you think you’re spared from the price hike because you drive an electric car, well, watch this to the end and you’d be frowning as well:


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Featured Image: Shutterstock.com / bunyarit