Singapore petrol prices have surged past the dreaded $3 per litre mark as of today March 10, 2026—leaving wallet-wary drivers wincing at the pumps in the Lion City. For Singaporeans who love a good bargain and free things to do, seeing major fuel stations slap S$3.05 to S$3.35 on 95-octane feels like a personal attack. But it’s not just Singapore, motorists worldwide are feeling the sting of rising petrol prices amid global oil market volatility due to tensions in the Middle East. Here’s what we know.
Why is the Singapore petrol price increasing over $3 in March 2026?
Major stations announced hikes in early March 2026. For instance, Shell, Esso, Caltex, and Sinopec, SPC have confirmed the increase of petrol over $3 in Singapore. Meanwhile, premium 98-octane nears $4 at some pumps. Plus, diesel rose sharply and could now cost $3.24 per litre in Singapore.
Unfortunately, the petrol increase stems from geopolitical tensions in the Middle East between the United States, Israel, and Iran. Since the end of February, this has sparked fears of oil supply disruptions and pushed global crude prices higher. As Singapore is fully reliant on imported fuel, these rising costs are felt faster.
This surge means that drivers will be impacted heavily in Singapore. Now, a typical monthly fill-up costs $20 to $30 extra for average drivers covering 1,500km at 10km per litre. Additionally, motorists can expect further elevated Singapore petrol prices as tensions linger. More to follow.