95-octane petrol in Singapore now retails at close to $2.82 following a slew of downward adjustments since 16 September 2022 across all retailers.
Motorists are still using lower grade fuel despite a drop in pump prices in the past year as they see no real benefit in using a higher octane fuel.
Fuel prices in Singapore have fallen again, with the cheapest RON92 petrol falling below the $2 level for the first time since 2012.
Shell begins phasing out Formula 92 petrol locally, citing grade's zero growth and rising demand for 95- and 98-octane.
The first 92 customers on 17th April will be able to buy Caltex’s Regular 92 with Techron at 92 cents per litre.