Fuel Price drop but cost of living no change? Fuel Price up and everything price up ... like that how to survive under this regime ruling anymore?

[WangChuk]

https://www.asiaone.com/singapore/-june-11-middle-east-war-smart-energy-shell-sinopec-caltex

singapore

[COLOR=rgba(0, 0, 0, 0.85)]Fuel prices in Singapore fall on June 11​

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Caltex, Shell, Sinopec and Smart Energy all posted a 5-cent reduction to their diesel prices

Pump prices in Singapore fell for the first time in over two weeks on Thursday (June 12), with four fuel companies posting reductions to their respective diesel prices.
PHOTO: AsiaOne/Rauf Khan​

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PUBLISHED ONJune 12, 2026 9:55 AMBYSean Ler






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Fuel prices in Singapore fell for the first time in over two weeks on Thursday (June 11) as four fuel companies — Caltex, Shell, Sinopec and Smart Energy — posted adjustments to their prices for diesel, bringing respite for some vehicle owners.
Smart Energy led the latest round of changes at 11am on Thursday, reducing its diesel price by 5 cents to $2.71.
This was followed by Shell at 4pm, posting the same reduction, to bring its price of diesel to $4.32 per litre
Both Caltex and Sinopec mirrored the 5-cent reduction at night, bringing their diesel prices to $4.32 and $4.31 respectively.
Caltex, Shell and Sinopec have kept their petrol prices unchanged, while Sinopec brought the price of its 95-octane and 98-octane petrol to $2.67 and $2.99 respectively.
Following the latest round of changes, the price of diesel now ranges from $2.71 at Smart Energy to $4.37 at Esso
Meanwhile, the price of the more popular 95-octane petrol still ranges from $2.64 at Cnergy to $3.46 at Caltex, Esso, Shell and Sinopec.

Company / Fuel	92-octane	95-octane	98-octane	Premium	Diesel
Caltex*	$3.43	$3.46	Not available	$4.16	$4.32*
Esso	$3.43	$3.46	$3.98	Not available	$4.37
Shell*	Not available	$3.46	$3.98	$4.20	$4.32*
Sinopec*	Not available	$3.46	$3.97	$4.10	$4.31*
SPC	$3.39	$3.42	$3.93	Not available	$4.32
Cnergy	Not available	$2.64	$3.05	Not available	$3.40
Smart Energy*	Not available	$2.67*	$2.99*	Not available	$2.71*
Prices are correct as at 9.30am on June 12. All prices are before discounts. *Indicates change to posted price(s) on June 11.

[COLOR=rgba(0, 0, 0, 0.85)]Trump calls off strikes on Iran​

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Oil prices fell on Friday morning to US$89.17 per barrel at 8.42am (Singapore time), extending losses from the previous session.
This, after US President Donald Trump cancelled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week.
Trump, who had threatened to hit Iran "very hard", called off planned strikes on Thursday, saying discussions with Iran has progressed.
However, cautiousness is expected to prevail with Iran saying that no final decision has been made on a deal that the US president hopes could be signed soon[/COLOR]

 

[404]

Trumpet: This time is for real, the market loves it, crude oil falls and stock cheoning one direction UP

 

[laksaboy]

Money laundering hub's cost of living can only go one direction, pay no attention to what the local oil cartel is doing.

This guy has mentioned that the PAP regime only cares about two things: how to grow the SG economy, and how to keep the PAP in power. Everything else is of secondary importance, pay no attention to the soundbites, photo ops and CDC vouchers.

 

[k1976]

Little Treasure Island is really Huat Kah Liao for the rich

 

[Scrooball (clone)]

CDC vouchers coming. U better get down on your knees and thank Lawrence Wrong and his team!

 

[k1976]

CDC vouchers coming. U better get down on your knees and thank Lawrence Wrong and his team!

Many many PG and MG already sing praises of Good Hands in Hardland Kopishop using CDC voucher to add a fish in their Veg Rice lunch now…just like those BBFA in FcukwareZone

 

[True Believer]

The major petroleum companies continue to deny that they are engaging in cartel practices when pump rates stay high (even with slight adjustments) despite drop in crude oil prices. It is obvious to motorists like me that the fuel retail distribution sector has been establishing parallel pricing practices for decades. Such schemes probably involve the exchange of info and price signalling. Frequent promotions by a retailer, are ostensibly to inform motorists of price changes. However, the actual intention may be to signal prices to competitors. Meanwhile, the PAP continues to look the other way.

 

[k1976]

The major petroleum companies continue to deny that they are engaging in cartel practices when pump rates stay high (even with slight adjustments) despite drop in crude oil prices. It is obvious to motorists like me that the fuel retail distribution sector has been establishing parallel pricing practices for decades. Such schemes probably involve the exchange of info and price signalling. Frequent promotions by a retailer, are ostensibly to inform motorists of price changes. However, the actual intention may be to signal prices to competitors. Meanwhile, the PAP continues to look the other way.

Willingly seller, willing buyer mah
It is a Free for All market

 

[True Believer]

Willingly seller, willing buyer mah It is a Free for All market

My hybrid sedan runs on petrol, so until I switch to an EV, I have no choice.

 

[k1976]

My hybrid sedan runs on petrol, so until I switch to an EV, I have no choice.

EV is cheaper to run than ICE n Hybrid, only problem is the limited range if u travel to Malaysia / Thailand

 

[rocket]

Many many PG and MG already sing praises of Good Hands in Hardland Kopishop using CDC voucher to add a fish in their Veg Rice lunch now…just like those BBFA in FcukwareZone

 

[mojito]

EV is cheaper to run than ICE n Hybrid, only problem is the limited range if u travel to Malaysia / Thailand

Drive a golf cart in to msia? Jhk laff u be hind ur back!

 

[True Believer]

Drive a golf cart in to msia? Jhk laff u be hind ur back!

Our seniors are likely to try riding their PMAs to JB one fine day so they may transport heavy groceries back home.

 

[404]

Russia relies heavily on high energy prices. Profits finance its military campaigns. However, China keeps global prices low. This directly squeezes Moscow's primary revenue Stream.
China's maneuvers to stabilize global oil prices cause deep Russian friction.
(No) thanks for China maintaining

 

[True Believer]

Russia relies heavily on high energy prices. Profits finance its military campaigns. However, China keeps global prices low. This directly squeezes Moscow's primary revenue Stream.
China's maneuvers to stabilize global oil prices cause deep Russian friction. (No) thanks for China maintaining

The development, renovation and transaction fees related to building homes directly contribute to S'pore's GDP's output. While high housing prices contribute to S'pore's GDP through construction and real estate services, they also drag down long-term economic growth. Escalating property values divert retirement savings into non-productive assets, inflate business costs and restrict capital that could otherwise fund innovative and productivity sectors. High property prices and rents increase overhead costs for businesses. This makes S'pore less attractive for businesses compared to other regional hubs.

 

[Dongyi]

Many many PG and MG already sing praises of Good Hands in Hardland Kopishop using CDC voucher to add a fish in their Veg Rice lunch now…just like those BBFA in FcukwareZone

You go Cnergy kiosks? Only two in Singapore.