Lower fuel prices at Cnergy petrol stations continue to draw long queues

Cnergy petrol stations attract customers with lower petrol prices, leading to queues as drivers seek cheaper fuel amidst rising costs. Read more at straitstimes.com.

SINGAPORE – Long queues at Cnergy petrol stations continued on March 23, as drivers flocked there for lower priced petrol and diesel.

At the three no-frills Cnergy stations owned and operated by Union Gas, pump prices were $2.48 a litre for 95-octane petrol and $2.80 a litre for 98-octane petrol for members, as at 11am on March 23.

Elsewhere, 95-octane petrol costs $3.47 a litre at Caltex, Shell, Esso and Sinopec before discounts are applied, and $3.46 at SPC owing to the Iran war’s disruption to global oil supply.

The same grade of petrol used to cost $2.88 a litre at most petrol stations before the US and Israel first struck Iran on Feb 28.

Since then, the Strait of Hormuz – which connects the Persian Gulf with the wider world and handles about a quarter of the world’s seaborne oil trade – has been blocked.

When The Straits Times visited the Cnergy petrol station in Dunman Road at 10.45am, there was a line of around 10 vehicles waiting to refuel their vehicles.