Asian Insider - Electricity and petrol prices in Singapore to keep rising as global supply outlook worsens


SINGAPORE, July 2 (The Straits Times/ANN): Singaporeans must brace themselves for high electricity and petrol prices over a protracted period as the global supply of motor fuels such as petroleum and diesel remains tight due to limited production capacity, while Europe scrambles to replace energy imports from Russia.

Prices were already elevated due to increased economic activity amid the post-pandemic recovery before Russia invaded Ukraine on Feb 24.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Singapore , Petrol , Energy , Electric , Keep Rising , Inflation

   

Next In Aseanplus News

Revote in 2025 if ‘empty box’ wins in November polls: Top Indonesian court
Storm surge warning up in Metro Manila, other areas in Luzon
Wax castle procession in Vientiane: a highlight of That Luang festival
First two days of Cambodia's Water Festival draw over 4 million tourists
South Korea's President Yoon, Japan PM Ishiba voice concerns over North Korea-Russia military cooperation, agree to continue 'shuttle diplomacy'
Chiang Mai’s new public park a paradise for bird lovers
Xi tells Biden support for Taiwan a 'red line' in ties
Japan's Mount Fuji eyes China-made tram to transport hikers, source says
Biden, Xi agree they won’t give AI control over nuclear weapons
Xi tells Biden Beijing aims for 'smooth transition' in China-US ties

Others Also Read