Petrol prices hit record on back of higher crude oil costs

A litre of 92-octane petrol at SPC is now $2.27 before discount, 11 cents higher than in March. The 95-octane is selling at $2.31, also 11 cents more than in March.
A litre of 92-octane petrol at SPC is now $2.27 before discount, 11 cents higher than in March. The 95-octane is selling at $2.31, also 11 cents more than in March.LIANHE ZAOBAO FILE PHOTO

After staying fairly constant for the past two years or so, petrol prices are on the rise again in the wake of higher crude oil costs.

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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A version of this article appeared in the print edition of The Straits Times on May 26, 2018, with the headline 'Petrol prices hit record on back of higher crude oil costs'. Print Edition | Subscribe