Caltex kicks off new round of petrol price hikes

About 10 days after the last round of fuel price adjustments were posted by fuel companies here, 'pump pressure has' gone up again.In a price board update posted at 1pm, Chevron-owned Caltex announced a 3-cent hike across its petrol offerings, while keeping the price of its diesel unchanged.The last round of adjustment — a 5-cent increase for its 92-, 95-octane and platinum-98 petrol — was posted on Sept 29. Prior to the upward adjustments since mid-September, the price of Caltex's more popular 95-octane petrol was priced at $3.37 per litre (Sept 6).Its latest price for the petrol grade is now $3.54, or 17 cents higher.Caltex now is the most expensive for 92- and 95-octane petrol in Singapore.