Petrol prices

US pump prices may climb back up to US$4 as resurgent oil prices rekindle inflation fears

Americans could soon see gasoline prices top US$4 a gallon again as renewed hostilities between the United States and Iran drive energy prices

‘Like an apocalypse’: Bare shelves at Esso stations greet shoppers ahead of FairPrice exit

Empty shelves seen at the FairPrice convenience store at the Esso petrol station in Braddell.

Long queues in Jakarta as motorists switch to subsidised fuels amid price hike

Riders with vehicles queue to refuel at a Pertamina petrol station on the outskirts of Jakarta, Indonesia, on March 31.

Oil holds drop as more tankers cross Hormuz after peace talks

West Texas Intermediate traded near US$73 a barrel after falling less than 1 per cent in the previous session. Brent crude closed above US$77.

Petrol, diesel prices ease in Singapore as oil prices fall

Following the cuts, the 95-octane petrol now costs $3.42 a litre across Esso, Caltex, Shell, Sinopec and SPC.

US petrol stations accused of using AI to inflate prices in California

Petrol station owners, including Walmart, Marathon Petroleum, BP and 7-Eleven, are accused of using artificial intelligence to inflate pump prices in California.

Malaysia to cut price of diesel nationwide from July to curb smuggling, revenue losses

The price gap had created room for revenue leakage and the smuggling of subsidised diesel, including across borders.

Australia to extend petrol price relief for motorists

The temporary measures were due to expire at the end of this month, but will be extended for the month of July.

Strong US retail sales underscore economy’s resilience despite Iran war

Receipts at petrol stations advanced 3.4 per cent, helping lift the headline figure as pump prices climbed in May due to the Iran war.

US gasoline slips below US$4 a gallon for first time since April

US national average retail gasoline prices dipped to US$3.997 a gallon on June 14, though prices are still up 90.8 US cents from the same time in 2025.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.