When oil prices fall, consumers expect petrol prices to go down... BUT why is it going up?!

When oil prices fall, consumers expect petrol prices to go down... BUT why is it going up?!

Mothership - News·2026-03-17 14:01

Consumers Association of Singapore (CASE) president Melvin Yong said petrol companies in Singapore should be fair and follow the fall in global oil prices by lowering petrol prices at the pump in tandem.

He made his comments at the association’s 55th anniversary dinner at Amara Sanctuary Sentosa on Mar. 15, The Straits Times reported.

Pump prices went up, not down

Yong noted that pump prices were raised a number of times over a few days, but it did not go down.

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