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Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
The petroleum industry in Singapore is accountable for part of the country's economy, exporting about 68,100,000 tonnes (67,000,000 long tons; 75,100,000 short tons) of oil (as of 2007). Singapore is dubbed "the undisputed oil hub in Asia ."
$4 off in warehouse and online. Take a trip to France without leaving home with an assortment of French macarons. These bite-size treats would be a lovely addition to any dessert buffets this season.
Image source: Getty Images. Membership has its benefits. That business model is centered around membership. As a "club," Costco charges an annual membership fee for access to its stores.
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As of 2015, petrol excise tax is EUR0.766 per litre and diesel excise tax is EUR0.482 per litre, while LPG excise tax is EUR0.185 per litre. [19] The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world.
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.