Petrol price increase

[Christan]

As above, Shell started at noon today, increase by 10 cents. Not sure about the rest.

[Ahyoo2002]

wah, one shot increase by 10 cents

[Mzrmazda3]

Again???

[Picanto]

well, they are the mkt leader. will the rest follow the leader?

[Qwert]

Why increase again! Was expecting a decrease which never came...now prices up again...

[Nothingtodo]

2 wks ago already mentioned per gallon went up liao. Its a matter of time

[Mzrmazda3]

I believe that the rest will follow suit

[Jacf]

cos now everywhere oso increase prices and salaries..

[Thermodynamics]

Damn it! I am going to pump later.

[Mzrmazda3]

My tank is also due for it's refill tomorrow

 

Think will drop by SPC after work to check it out

[Vit4wd]

Has the wholesale price of crude oil increased?

 

How much is crude oil per barrel now? - US$?

Edited April 16, 2007 by Vit4wd

[Suze]

CRUDE OIL & PRODUCTS Apr 12

CRUDE (FOB origin)

US$/barrel Close Change

Brent blend (1-Mth F) 68.46 +0.12

WTI (Near Mth) 63.75 +1.74

Dubai (1-Mth F) 64.70 +0.30

Tapis blend 75.50 +0.90

Minas 68.60 +0.70

PRODUCT

US$/barrel (FOB S'pore) Close Change

Naphtha 73.05 -0.70

Jet Kerosene 80.80 +0.50

US$/barrel

Opec Oil Basket Price 63.66 +1.00

US$/tonne

Naphtha (CFR Japan) 677.50 -6.50

Gas Oil (CIF cargoes med. 0.2%S) 626.00 +8.50

Gas Oil-EEC (CIF cargoes NWE) 605.00 +2.50

Source: Thomson Financial

[Hiphiphoray]

How come MY can maintain thier petrol price and Spore cant ???????

 

RM1.92/ltr for RON97....abt SGD85 cents bah. No need any stupid card promotion, station discount or whatever nonsense. Just a straight transparent cost.

[Reng]

MY price control by gahment if i not wrong whereas s'pore price by market.

[Vit4wd]

Malaysian petrol is heavily subsidised by their govt.

 

Singapore's is not and the govt charges petrol excise duties on the petrol you pump too.

[Aucsl]

What about caltex? gg to pump after work!

[Dwoon]

Heard that MY petrol is gonna go up soon. For them... its only one directional... can only go up and never comes down even when crude falls.

[Hiphiphoray]

But u are comparing MY1.92(RON97) to SGD1.50(RON95 after discount)....thats a huge difference....even tho MY petrol only goes up and never come down. Its still very much cheaper than SG petrol by a galaxy.