Motor Mouth

Getting into a twist over pump prices

Inaccessibility to information makes pump pricing unfathomable to consumers

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Why do we get so angsty about petrol prices whenever crude oil prices fall?

According to Bloomberg, the benchmark Brent is hovering between US$19 and US$26 this week, down from US$68 in January and US$84 six months ago. This is one of the grades which is relevant to fuel prices in the Asia-Pacific.

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A version of this article appeared in the print edition of The Straits Times on April 25, 2020, with the headline Getting into a twist over pump prices. Subscribe