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There are lot of manipulation due to external environment for convenience.
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Our petrol price is still high.
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economy not good, price remains high will result stag inflation
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I thought our petrol prices crashed.. chey. Still so bloody high.
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(11-04-2022, 07:12 AM)Niubee Wrote: There are lot of manipulation due to external environment for convenience.
And yet, Singapore motorists get the short in end
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(11-04-2022, 08:17 AM)RichDad Wrote: I thought our petrol prices crashed.. chey. Still so bloody high.
It's hidden Manipulation
Under the so-called world's most open economy.
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Today's 91UL petrol is $1.559
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When price is abt US$120 per barrel ,it is selling $3.23 per litre.Now when it is US $104, price drop to about $3.00. Now Caltex increased to $3.05 when there isn't much changes in the oil price. Haizzzz
Can you see the difference percentage of charges?
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(14-04-2022, 01:13 AM)Ernesto Wrote: When price is abt US$120 per barrel ,it is selling $3.23 per litre.Now when it is US $104, price drop to about $3.00. Now Caltex increased to $3.05 when there isn't much changes in the oil price. Haizzzz
Can you see the difference percentage of charges?
.Is Singapore crude oil comes from another Planet?
Australia exports 90,% crude oil with a very large portion to Singapore and yet, Singapore petrol pump is selling twice the price.
Who pocketed the profits?
(This post was last modified: 14-04-2022, 01:23 AM by
Scythian.)