Petrol Price Movement in Singapore

[Kusje]

30 minutes ago, Acewin said:

World crude price seems going down but today Cowtex increase price liao.

flat price down but countered by the increase in freight due to cosco sanctions.

[Enye]

34 minutes ago, Kusje said:

flat price down but countered by the increase in freight due to cosco sanctions.

big players should have coa.....short term vessel supply tightness will impact these contract rates?

🤔🤣

 

Edited October 10, 2019 by Enye

[Kusje]

39 minutes ago, Enye said:

big players should have coa.....short term vessel supply tightness will impact these contract rates?

🤔🤣

 

Not all big players have vessels on TC. Even if have, won't cover 100% of exposure and petrol/oil is also priced according to the marginal bbl.

Also, could be considered different book.

BTW, how do you know this is short term only? Admittedly, 1 year TC rates didn't move much.

Edited October 10, 2019 by Kusje

[Enye]

3 hours ago, Kusje said:

Not all big players have vessels on TC. Even if have, won't cover 100% of exposure and petrol/oil is also priced according to the marginal bbl.

Also, could be considered different book.

BTW, how do you know this is short term only? Admittedly, 1 year TC rates didn't move much.

wah high flyer... i only say coa you go until tc

but i merely storeman... better not say too much.  many hidden dragons here.  later kena laughed at again 

😬😅

[Enye]

iranian oil tanker kena missile attack

petrol up or down?

😬

[Mustank]

3 hours ago, Enye said:

iranian oil tanker kena missile attack

petrol up or down?

😬

Nothing happens 

[flashbang]

On 10/11/2019 at 3:00 PM, Enye said:

iranian oil tanker kena missile attack

petrol up or down?

😬

Don't know, don't care. Want to save on petrol, go do transport pooling aka bus/mrt.

[Enye]

58 minutes ago, flashbang said:

Don't know, don't care. Want to save on petrol, go do transport pooling aka bus/mrt.

yes boss.... i already taking bus/ mrt since 14 years ago

🤗

[Mustank]

Heng I tah kah chia 

[flashbang]

9 hours ago, Enye said:

yes boss.... i already taking bus/ mrt since 14 years ago

🤗

Only worry is increase transport fare due to oil prices going up....

Edited October 13, 2019 by flashbang

[Danielyap]

Just pump SPC 95 and didn't know it went up at 6.30pm onward

SPC 95 - $2.32

[Ceecookie]

11 minutes ago, Danielyap said:

Just pump SPC 95 and didn't know it went up at 6.30pm onward

SPC 95 - $2.32

Esso and Sinopec 95 also at $2.32 liao. Not sure abt Shell and Caltex.

[Micb]

Caltex 95 increased too, pumped earlier at 2.32

[Fitvip]

Refuelled this morning. Synergy Extra @ $2.35 😢

[N00b]

Just pump spc 95 @ $2.35

[Zxcvb]

Drop in retail sales widens in October as decline extends to 9 straight months 

https://www.straitstimes.com/business/economy/drop-in-retail-sales-widens-in-october-as-decline-extends-to-9-straight-months

“petrol service stations saw their takings decline 6.2 per cent”

Too many cars going JB to pump petrol. Should raise 3/4 to full tank before going to JB!!!

[Showster]

On 11/13/2019 at 8:58 PM, Micb said:

Caltex 95 increased too, pumped earlier at 2.32

Now $2.35 loh.

[Ysc3]

1 hour ago, Zxcvb said:

Drop in retail sales widens in October as decline extends to 9 straight months 

https://www.straitstimes.com/business/economy/drop-in-retail-sales-widens-in-october-as-decline-extends-to-9-straight-months

“petrol service stations saw their takings decline 6.2 per cent”

Too many cars going JB to pump petrol. Should raise 3/4 to full tank before going to JB!!!

Hybrid cars have spoken !!