(EnergyAsia, Feb 28) — Singapore’s retail gasoline prices jumped sharply last week in response to higher oil prices on the world markets.
On average, the country’s four oil retailers raised gasoline prices by six Singapore cents per litre. (US$1=S$1.64).
One of the four, Caltex Singapore Pte Ltd, adjusted pump prices of all grades of its gasoline by six cents from Friday, February 25. The three grades of gasoline sold at 29 Caltex stations now cost S$1.505, S$1.588 and S$1.68 per litre.
The company said the retail pump price for its diesel remained unchanged at S$0.952 per litre.