Costlier crude driving petrol prices to record levels

Consumer group Petrol Watch Singapore says other oil companies have also raised their prices but Esso has the lowest pre-discounted petrol among them.
Consumer group Petrol Watch Singapore says other oil companies have also raised their prices but Esso has the lowest pre-discounted petrol among them.PHOTO: ST FILE

SINGAPORE - After staying fairly constant for the past couple of years, petrol prices are on the rise again in the wake of pricier crude oil.

A litre of 92-octane petrol is now $2.27 before discount at Singapore Petroleum Co (SPC), 11 cents higher than in March. The 95-octane is selling at $2.31, also 11 cents more than in March, while 98-octane has risen nine cents to $2.63.

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