Both ComfortDelGro and Strides Taxi have announced that they will be extending a temporary fare hike until 30 June 2023.
SPC, Sinopec, and Esso have raised their pump prices to match the price hike made by Shell and Caltex on 24 August 2022.
Looking for the lowest petrol prices before heading to the pumps? We track the prices offered by the various petrol stations here!
95-octane grade petrol at Esso and Shell stations is now $2.02 a litre, while 98-octane petrol is retailing at $2.39 and $2.41 respectively.
Petrol prices in Singapore have fallen by up to $0.05 a litre on 29 April 2020, a week after crude oil plunged to record lows.
Oil Industry Consultant Ong Eng Tong said pump prices should test the $2 level by next month, with 92-octane falling below $2 - a level not seen since 2016.
Fuel pump prices in Singapore continues to remain unchanged since 25 March, despite a recent sharp plunge in global crude oil prices.
ExxonMobil cut pump prices by $0.03 on 11 March 2020, its second reduction since the plunge in crude oil prices on 9 March 2020.
COE premiums ended higher again in the latest tender yesterday as the easing of car-financing rules continued to fan pent-up demand.
A study by the Competition Commission says statistics over a six-year period show that petrol pump prices have moved in tandem with wholesale fuel prices.
Many transport companies are unable to pass on the cost savings from the falling price of oil, due to rising operating costs such as labour and rent.
Motorists are still using lower grade fuel despite a drop in pump prices in the past year as they see no real benefit in using a higher octane fuel.
Petrol prices are creeping back up, after falling in January to rates last seen in 2009. Caltex, Shell and Esso have since revised their prices upwards.
Pump prices have fallen again, bringing a litre of petrol back to what it cost in 2009 when crude oil was less than US$50 a barrel.
Fuel prices have fallen again over the week, with the most popular 95-octane grade petrol now below the $2 level as Brent crude price falls.
Fuel prices in Singapore have fallen again, with the cheapest RON92 petrol falling below the $2 level for the first time since 2012.
Premier Taxis has announced that it will implement a 50-cent fuel surcharge to its fares, starting from next Wednesday