The current oil price might drop to $10 a barrel. It's time for the Singapore government to lower household electric tariff, gas and petrol cost? While in US, the price of petrol and gas have been falling tremendously. As such, US citizens are paying much lower than before for petrol, gas and fuel cost. Surprisingly, major petroleum companies and Singapore Power have not lower the price and continue to make huge profits from consumers.
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OIL PRICES INCREASE, 95 OCTANE PETROL GRADE RISES BY 8 CENTS
After falling consecutively for a few weeks to prices last seen in 2009, pump prices have taken a quick upturn over the past three days. Petrol companies Caltex, Shell and Esso have revised pump prices this week.
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