Singapore pump prices yet to reflect plunge in crude oil rates

According to Fuel Kaki, the popular 95-octane grade is $2.24 a litre across all brands before discount.
According to Fuel Kaki, the popular 95-octane grade is $2.24 a litre across all brands before discount.PHOTO: ST FILE

SINGAPORE - Pump prices here have yet to reflect the plunge in crude oil rates, with petrol retailing less than 5 per cent lower than in January, while Brent crude had fallen by nearly 50 per cent in the same period.

According to Fuel Kaki, an online pump price comparison site started by the Consumers Association of Singapore, the popular 95-octane grade is $2.24 a litre across all brands before discount.

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