MTI to review retail fuel market amid rising pump prices

MTI to review retail fuel market amid rising pump prices

Today·2022-07-05 20:01

SINGAPORE — The Ministry of Trade and Industry (MTI) will be reviewing the retail fuel market here, covering how global developments and the practices of retail operators here have influenced the recent increase in prices.

The Minister of State for Trade and Industry Low Yen Ling told Parliament on Tuesday (July 5) that the Competition and Consumer Commission of Singapore (CCCS) has contacted retail fuel operators for data on fuel price movements. 

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