Singapore has reduced electricity tariffs from Oct 1 by an average of 4.6% or 0.75 Singapore cents/kWh, reflecting the lower cost of fuel oil. (US$1=S$1.75). The tariffs were last revised on July 3. In a statement, Singapore Power said crude oil prices had fallen to US$24.70 per barrel. The tariff adjustments are as follows:- Low…

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