Pump prices in Singapore hit new high: 95-octane crosses 2022 record at Caltex


PUBLISHED ONMarch 13, 2026 11:06 AMUPDATEDMarch 13, 2026 1:36 PMBYSean LerPump prices in Singapore rose for a fifth consecutive day on Friday (March 13), crossing a new high for 95-octane petrol prices last set during the Russia-Ukraine war in 2022.
All five fuel companies — Shell, followed by Caltex, Esso, Sinopec, and later, SPC — increased their respective posted prices for all petrol grades and diesel — one after another.
Caltex raised posted prices for its 92- and 95-octane, and premium petrol by 10 cents, while increasing its posted price for diesel by 11 cents.
According to records on the Consumer Association of Singapore's (Case) Price Kaki fuel prices tracker, Caltex's latest posted price of $3.45 for its 95-octane petrol surpassed its previous high of $3.42 per litre, set with Shell in June 2022. That came after the European Union announced a ban on Russian oil following its invasion of Ukraine.
Meanwhile, Esso raised its posted price for 92-octane petrol by 4 cents, while increasing posted prices for its 95- and 98-octane petrol by 5 cents.
Esso also raised its posted price for diesel by 21 cents, to $3.49.
In the evening, Sinopec moved its posted prices for 95- and 98-octane petrol up by 5 cents. Mirroring Esso, the China-headquartered oil and chemical company also raised its posted price for diesel by 21 cents.
SPC was the last among the five fuel companies to raise posted prices for its petrol and diesel.
It increased posted prices for its 92-, 95-, and 98-octane petrol by 9 cents, and its diesel by 21 cents.
Earlier at noon, Shell increased posted prices for its premium V-Power, and 95- and 98-octane petrol by 5 cents, while raising its posted price for diesel by 11 cents.
| Company / Fuel | 92-octane | 95-octane | 98-octane | Premium | Diesel |
| Caltex | $3.41* | $3.45* | Not available | $4.14* | $3.49* |
| Esso | $3.36* | $3.40* | $3.90* | Not available | $3.49* |
| Shell | Not available | $3.40* | $3.92* | $4.14* | $3.49* |
| Sinopec | Not available | $3.40* | $3.90* | $4.03* | $3.48* |
| SPC | $3.36 | $3.39 | $3.90 | Not available | $3.40 |
Prices are correct as at 9pm on March 13. *Indicates change to posted price on March 13 | |||||
Following the latest round of changes, SPC has the lowest prices among all fuel companies for 92-, 95- and 98-octane petrol, and diesel.
The popular 95-octane petrol now ranges from $3.39 at SPC to $3.45 at Caltex. Meanwhile, Shell has the highest posted price for the more premium 98-octane petrol at $3.92.
[[nid:731426]]