Consumer watchdog urges fuel companies to 'exercise restraint' as pump prices in Singapore rise again
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Fuel companies in Singapore have raised their posted prices for all petrol grades — for the third day in a row. Oil prices on Wednesday (March 11) remained volatile, with Brent crude surging back above US$90 per barrel, as the market weighs a potentiaConsumer watchdog urges fuel companies to 'exercise restraint' as pump prices in Singapore rise again
Fuel companies in Singapore have raised their posted prices for all petrol grades — for the third day in a row. Oil prices on Wednesday (March 11) remained volatile, with Brent crude surging back above US$90 per barrel, as the market weighs a potential record-breaking International Energy Agency (IEA) strategic reserves release. Meanwhile, the United States and Israel traded air strikes with Iran across the Middle East as the besieged Tehran government warned its state security forces were ready with «fingers on the trigger» to confront any anti-government protests. The US also said it military «eliminated» 16 Iranian mine-laying vessels near the Strait of Hormuz. Checks by AsiaOne on the Consumer Association of Singapore's Price Kaki app at 7pm show that Sinopec, followed by Esso, raised petrol and diesel prices on Wednesday. Read more
