SINGAPORE - Motorists are facing a double whammy of record fuel prices and near-record certificate of entitlement (COE) prices.
Reasons for the first are pretty clear - demand for oil products has surged with more economies re-starting after two years of pandemic-induced lockdowns; and most recently, Russia's invasion of Ukraine spooking the market.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you