Pump prices in Singapore rise again after short-lived reduction before CNY

The price rise came as the benchmark Brent crude held steady at between US$85 and US$88 a barrel. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): Except for two Chinese companies, fuel pump operators have raised prices again, undoing the short-lived reduction seen just before the Chinese New Year weekend.

According to pump price tracker Fuel Kaki – an initiative by the Consumers Association of Singapore – Caltex, Esso and Shell have raised posted rates by about five cents a litre, with Caltex making the first move on Wednesday (Jan 25).