Almost one year have passed since I started to drive regularly (and hence visit petrol station regularly too). Back then, the cost of petrol, before discount, is roughly S$1.50 per litre (for Syn 8000 in ESSO) but barely a year later, now it's almost S$1.70 per litre. That's over 13% increase ina year. If this trend continues, we might hit S$2.00 per litre by the end of next year. The graph you see above is based on my records from petrol top-ups. The blue part refers to before discount and pink one after discount.

Thankfully, the actual price of petrol after discount did not increase much as the discount wars between the petrol stations got uglier and uglier to the benefit of us consumers. But once the stations call truce, we can expect to be paying for all the price hike over the year. Well, at least I manage to benefit from the 25% discount recently.

Tagged: singapore petrol