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UKRAINE CONFLICT

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Government monitoring petrol prices to ensure there is no profiteering: Tan See Leng

There could be further measures to safeguard Republic's energy security, he adds; business consumers can now enjoy longer-term fixed-price electricity contracts

Sharon See

Sharon See

Published Fri, Mar 11, 2022 · 05:50 AM

Singapore

SINGAPORE'S antitrust authorities are keeping a close watch to ensure petrol companies do not profiteer from the recent surge in crude oil prices that has occurred after war broke out in Ukraine, said Second Minister for Trade and Industry Tan See Leng on Thursday (Mar 10).

At the same ti…

SEE ALSO

Even without war in the Gulf, pricier petrol is here to stay

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Singapore Parliament

Energy Market Authority

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