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S’poreans react to oil prices surging above US$50 for 1st time in 2016

S’poreans react to oil prices surging above US$50 for 1st time in 2016

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Three thoughts you must have had.

oil-prices-2016

Oil prices surged above US$50 a barrel for the first time in 2016 after data showed a fall in US crude inventories, adding to expectations of a tightening global market.

Here are three thoughts Singaporeans have:

 

sian-half-auntie “Okay, petrol prices going up again.”
Pa Yew, 44-year-old deliveryman

 

sian-half-uncle “Great, I’m still broke.”
Tui Siew, 65-year-old retiree

 

happy-bird-girl “Cost of living will go up regardless of oil prices going up or down.”
Ren Ming, 19-year-old pragmatist