Petrol falls below $2 for the first time in several years

The petrol prices have fallen again yesterday. It is the second time the pump prices had dropped after last week’s changes due to crude oil plunged to record lows, taking a litre of gas to below $2 for the first time in several years

The petrol prices have fallen again yesterday. It is the second time the pump prices had dropped after last week’s changes due to crude oil plunged to record lows, taking a litre of gas to below $2 for the first time in several years.

According to the updates by fuel price tracker Fuel Kaki that is managed by the Consumers Association of Singapore showed that the price of our popular grade 95-octane petrol had dropped five cents lower to $1.99 a litre across all brands.

The 92-octane grade, which is the cheapest petrol is now $1.95 a litre across the brands except for Shell and Sinopec, which do not offer this grade

On the other end, the 98-octane grade varies from $2.33 at SPC to $2.47 at Caltex. The other special grades by Shell (V-Power) and Sinopec (Sino X Power) are retailing at $2.60 and $2.50, respectively.

Meanwhile, the diesel price remains unchanged at $1.64 at SPC and $1.67 for other brands. All the prices mentioned above are before discounts.

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