Jurong Island’s output cut triggers $1.64 petrol spike in Australia Singapore’s reclaimed oil refining region, the 32-square-kilometre Jurong Island, has become the primary driver of record-high petrol prices in Australia as Middle East supply shocks ripple through the Asia-Pacific energy corridor.

Singapore’s reclaimed oil refining region, the 32-square-kilometre Jurong Island, has become the primary driver of record-high petrol prices in Australia as Middle East supply shocks ripple through the Asia-Pacific… Bne IntelliNews #JurongIsland #PetrolPrices #Australia #EnergyMarket #OilRefining