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Petrol Price Movement in Singapore

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Enye

Enye

Hypersonic
  On 9/29/2017 at 7:08 AM, Vinceng said:

If SPC raises prices by only one cent and stands firm, the rest might follow suit and reduce by 2 cents to bring it on par with SPC at $2.18.

 

But if SPC raises prices by a further 2 cents within the next few days to match its competitors, then it's all but a WAYANG!

 

 

 

both cases resulted in same price across all brands right

 

how come case 1 is not wayang but case 2 is?

 

[dizzy]  :D

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Vinceng

Vinceng

Turbocharged
  On 9/29/2017 at 7:19 AM, Enye said:

both cases resulted in same price across all brands right

 

how come case 1 is not wayang but case 2 is?

 

[dizzy]  :D

 

Shell, Caltex and Esso were the first to raise prices for 95RON from $2.17 to $2.20.

 

SPC was the last to raise prices, and instead of following the 3 idiots in riaisng prices by 3 cents, SPC raised prices by only 1 cent  [thumbsup]

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therock

therock

Supersonic
  On 9/29/2017 at 10:22 AM, Vinceng said:

Shell, Caltex and Esso were the first to raise prices for 95RON from $2.17 to $2.20.

 

SPC was the last to raise prices, and instead of following the 3 idiots in riaisng prices by 3 cents, SPC raised prices by only 1 cent [thumbsup]

Nice indeed but somehow their fuel always feels the weakest too..
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Kusje

Kusje

Supersonic
  On 9/29/2017 at 10:31 AM, therock said:

Nice indeed but somehow their fuel always feels the weakest too..

Cheap fuel confirm no good.

 

Pay peanut get monkeys. Better pay the extra 3 cents la

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Chucky2007

Chucky2007

Turbocharged

Ya.. it's psychological.

 

. like I feel Shell Fuel Save 98 really lousy also, and Caltex 98 is the most powerful.

 

But can't be right?? Anyway I pump Caltex 98 and SPC98. Pump Spc more as cannot find my ocbc CC so cannot get discount

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Vinceng

Vinceng

Turbocharged
(edited)
  On 9/29/2017 at 7:19 AM, Enye said:

I support ONLY the company that sells me the cheapest priced fuel - SPC

 

Edited by Vinceng
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therock

therock

Supersonic
  On 9/29/2017 at 12:11 PM, Fcw75 said:

It's psychological bro.

Empirically most are similar, except Shell. It feels better ... you may say it's in my mind, that's how I feel. The rest aren't very different.

For the 98s, Esso feels better.

For the best feel, it's V Power, but it's not worth the extra cost, unless I visit M'sia..

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Victor68

Victor68

Turbocharged

I have mostly pumped SPC because of the discount and POSB credit card rebate. I will pump any brand as long as the discount is better. I also pump as much as possible in JB [:p] . So far no issue with whatever I pumped.

 

I am not sure if it is psychological, shell seems to give the engine more power leh. [confused]

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Kb27

Kb27

Supersonic
  On 9/29/2017 at 11:17 PM, Victor68 said:

I have mostly pumped SPC because of the discount and POSB credit card rebate. I will pump any brand as long as the discount is better. I also pump as much as possible in JB [:p] . So far no issue with whatever I pumped.

 

I am not sure if it is psychological, shell seems to give the engine more power leh. [confused]

 

It's mostly psychological.

 

Petrol is petrol, refined by the same process, from the same crude oil.

There are some minor differences, if you care to nit-pick.

 

A 95 octane must be at least 95 and above, but obviously no higher than 98, otherwise it'll be sold at a higher price.

Different chemistry is added in different amount for cleaning detergent purpose.

Then the all important marketing gimmick is applied, in that it's branded.

 

Your engine may perform differently at different time. Sometimes running better (like rainy days when air is cooler and denser), sometimes worse.

 

There are so many variables, but consumers just associate with petrol brand.

 

As long as the production is controlled, verifiable, audited regularly by some authorities, just paying for the cheapest is probably the best idea.

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Mkl22

Mkl22

Supersonic
  On 9/29/2017 at 11:17 PM, Victor68 said:

I have mostly pumped SPC because of the discount and POSB credit card rebate. I will pump any brand as long as the discount is better. I also pump as much as possible in JB [:p] . So far no issue with whatever I pumped.

 

I am not sure if it is psychological, shell seems to give the engine more power leh. [confused]

Those who always say JB or Malaysian fuels are poor quality obviously don’t know what they are talking about. I love to have these people as customers so that we can fleece them.
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Enye

Enye

Hypersonic
(edited)
  On 9/30/2017 at 2:04 AM, Kb27 said:

It's mostly psychological.

 

Petrol is petrol, refined by the same process, from the same crude oil.

There are some minor differences, if you care to nit-pick.

 

A 95 octane must be at least 95 and above, but obviously no higher than 98, otherwise it'll be sold at a higher price.

Different chemistry is added in different amount for cleaning detergent purpose.

Then the all important marketing gimmick is applied, in that it's branded.

 

Your engine may perform differently at different time. Sometimes running better (like rainy days when air is cooler and denser), sometimes worse.

 

There are so many variables, but consumers just associate with petrol brand.

 

As long as the production is controlled, verifiable, audited regularly by some authorities, just paying for the cheapest is probably the best idea.

a lot of research goes into selecting the right additives in the right proportions to blend into gasoline

 

how much research budget do you think a local refiner has as compared to global mncs?

 

also don't confuse or equate gasoline blending with refining process

 

 

Edited by Enye
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sungeiroad2017

sungeiroad2017

1st Gear

I agreed it's psychological.

The cars that we have in Singapore, they have it too in Malaysia...why do Msia Merc, BMW, Toyota, Honda etc pump their petrol and still function well for so many years.....I seriously do not think that our petrol is much more superior, although I reckon that our petrol might have  some additives added. In general, I think they are very similar.....Let us not be fooled by the marketing gimmicks of the petrol companies!

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QQ2017

QQ2017

6th Gear
  On 9/30/2017 at 3:42 AM, sungeiroad2017 said:

I agreed it's psychological.

The cars that we have in Singapore, they have it too in Malaysia...why do Msia Merc, BMW, Toyota, Honda etc pump their petrol and still function well for so many years.....I seriously do not think that our petrol is much more superior, although I reckon that our petrol might have some additives added. In general, I think they are very similar.....Let us not be fooled by the marketing gimmicks of the petrol companies!

Well talking about psychological effort, it appears somehow that SPC pricing strategy has a psychological effect on the big boys...

 

Because in the recent adjustment exercise, SPC was the only one who decided to raise by 1¢ instead of 3¢, this probably has a psychological effect on the big boys which caused them to cut back by 2¢ within 2 days after announcing the 3¢ increase on Thursday...

 

:)

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