Cheaper power on the cards for Q1 2009 Singapore

Posted by on December 1st, 2008 at 03:40pm

[Technorati] Tag results for finance wrote an interesting post today on
Here’s a quick excerpt
Cheaper power on the cards for Q1 2009 Singapore Fuel oil prices and wholesale electricity prices down since Oct By RONNIE LIM (SINGAPORE) After surging through the year, the price of fuel oil used by power stations and, consequently, wholesale electricity prices here have fallen since October, latest figures show. High sulphur fuel oil prices have fallen from a July peak of US$700 a tonne to US$400 a tonne in October and slipped further to an average of US$243 a tonne last month. - Energy

Read the rest of this great post here

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