Petrol Price Movement in Singapore

[Kusje]

43 minutes ago, Ceecookie said:

http://www.asiaone.com/singapore/chinese-firm-sinopec-open-first-petrol-kiosk-yishun-rumoured-acquire-some-shell-stations

It's logical Sinopec here will source their fuel from a local refineries.. no point shipping from China.

Obviously they wont market it as Shell brand. So whether u want to pump sinopec or shell branded station, is up to you 🤣

 

Did you even read the link you posted?

Quote

According to The Straits Times, Sinopec is sourcing its fuels from Shell, with which it has a close working relationship in China.

But is that what the straits times wrote? Nope.

Quote

The company remained unreachable for comment.

Sinopec is said to be sourcing its fuels from Shell, with which it has a close working relationship in China. In 2004, the pair inked a deal to open 500 refuelling stations in China.

The Anglo-Dutch giant has meanwhile continued to dismiss talk that it will sell or lease some of its kiosks in Singapore to Sinopec.

In response to queries from The Straits Times, a Shell Singapore spokesman said: "Shell Singapore does not comment on rumours. We are committed to invest and grow our retail business in Singapore and Singapore remains a strategic country for Shell."

Said by who?

[flashbang]

17 hours ago, Enye said:

so if all same price, how would you  decide?

😬

Whichever petrol station I pass by when the fuel light is on lor... 

 

U know some people actually drive 10km to go "special" petrol stations for additional discount, but in the process the petrol wasted is more than the discount.

[flashbang]

15 hours ago, Kusje said:

The ground

Ya la, all petrol comes from the ground. All petrol is the same!!! All hydrocarbons

[Vinceng]

SPC still holding on to $2.25 for 95RON. No increase

[Tohto]

5 minutes ago, Vinceng said:

SPC still holding on to $2.25 for 95RON. No increase

Yes, just pump at 6pm+. 98 Ron still at $2.59

[Vinceng]

Since June, petrol price was raised twice but SPC held on and the rest ended up reducing their prices to the original prices. Kudos to SPC.

[Mustank]

Spc 万岁!!!

[Fcw75]

Even Sinopec also increased price...pui. 

[Ysc3]

BRACE ! BRACE !

Two Major Saudi Oil Installations Hit by Drone Strike, and U.S. Blames Iran

Drone attacks claimed by Yemen’s Houthi rebels struck two key oil installations inside Saudi Arabia on Saturday, damaging facilities that process the vast majority of the country’s crude output and raising the risk of a disruption in world oil supplies.

The attacks immediately escalated tensions in the Persian Gulf amid a standoff between the United States and Iran, even as key questions remained unanswered — where the drones were launched from, and how the Houthis managed to hit facilities deep in Saudi territory, some 500 miles from Yemeni soil.

Secretary of State Mike Pompeo accused Iran of being behind what he called “an unprecedented attack on the world’s energy supply” and asserted that there was “no evidence the attacks came from Yemen.” He did not, however, specify an alternative launch site, and the Saudis themselves refrained from pointing the finger directly at Iran.

President Trump condemned the attack in a phone call with Saudi Crown Prince Mohammed bin Salman and offered support for “Saudi Arabia’s self defense,” the White House said in a statement, adding that the United States “remains committed to ensuring global oil markets are stable and well supplied.”

The Houthis said they had launched the aerial attacks with 10 drones, which would amount to their most audacious strike on Saudi Arabia since the kingdom intervened in Yemen’s war more than four years ago. The Saudi-led bombing campaign has devastated the impoverished country and exacerbated the world’s worst humanitarian crisis.

The Houthis are part of a regional network of militant groups aligned with and backed by Iran, Saudi Arabia’s regional rival. American and Saudi officials suspect that Iran has dispatched technicians to Yemen to train the Houthis on drone and missile technology.

[Daniu82]

Only fuels of different RON are different. Fuels of the same RON are all the same, only different additives added for different brand. Just see if you are willing to pay or not. 

[Blueray]

Just pumped SPC. Still 2.25.

[Atonchia]

2 hours ago, Ysc3 said:

BRACE ! BRACE !

Two Major Saudi Oil Installations Hit by Drone Strike, and U.S. Blames Iran

Drone attacks claimed by Yemen’s Houthi rebels struck two key oil installations inside Saudi Arabia on Saturday, damaging facilities that process the vast majority of the country’s crude output and raising the risk of a disruption in world oil supplies.

The attacks immediately escalated tensions in the Persian Gulf amid a standoff between the United States and Iran, even as key questions remained unanswered — where the drones were launched from, and how the Houthis managed to hit facilities deep in Saudi territory, some 500 miles from Yemeni soil.

Secretary of State Mike Pompeo accused Iran of being behind what he called “an unprecedented attack on the world’s energy supply” and asserted that there was “no evidence the attacks came from Yemen.” He did not, however, specify an alternative launch site, and the Saudis themselves refrained from pointing the finger directly at Iran.

President Trump condemned the attack in a phone call with Saudi Crown Prince Mohammed bin Salman and offered support for “Saudi Arabia’s self defense,” the White House said in a statement, adding that the United States “remains committed to ensuring global oil markets are stable and well supplied.”

The Houthis said they had launched the aerial attacks with 10 drones, which would amount to their most audacious strike on Saudi Arabia since the kingdom intervened in Yemen’s war more than four years ago. The Saudi-led bombing campaign has devastated the impoverished country and exacerbated the world’s worst humanitarian crisis.

The Houthis are part of a regional network of militant groups aligned with and backed by Iran, Saudi Arabia’s regional rival. American and Saudi officials suspect that Iran has dispatched technicians to Yemen to train the Houthis on drone and missile technology.

5% of global supply will be affected? 

USA was saying they can support with their reserve oil. 

[Ysc3]

The supply will be there.... But at a price lah ....

[therock]

On 9/14/2019 at 10:53 AM, Fcw75 said:

Even Sinopec also increased price...pui. 

2.65 for 98 now..

[Fcw75]

1 hour ago, therock said:

2.65 for 98 now..

Was it 2.62?

[therock]

41 minutes ago, Fcw75 said:

Was it 2.62?

 

41 minutes ago, Fcw75 said:

Was it 2.62?

Last week..

[Vinceng]

Better top up your tanks to the brim soonest.

https://www.straitstimes.com/world/middle-east/drone-attacks-on-saudi-oil-facilities-knock-out-half-the-kingdoms-supply?utm_medium=Social&utm_campaign=STFB&utm_source=Facebook&fbclid=IwAR1nyrLRMGF3TWcxWZYT0cgFnu6fwS6bXuHxRW5KFy_Jx2h-ZCuVuQK6ej4#Echobox=1568505892

[Lala81]

Think i will go top up tonight. actually can still drive for the rest of this week.