U.S. spot natural gas prices has been soaring in the past month. Singapore’s dependency on imported natural gas as the raw material for 90% of our power mean that costs to businesses and households in Singapore are greatly affected by the global natural gas market. Read Also: Thinking Of Switching To An Electricity Retailer? Here Is What You First Need To Know As Asia’s largest physical oil trading hub and price discovery centre, Singapore is an important hub for the oil and gas sector. Through its 16 constituent, the iEdge SG Oil & Gas Index tracks the performance and growth of upstream and downstream SGX-listed companies involved in the exploration, production, storage and transport of oil and gas. The iEdge SG Oil & Gas Index gained 2.7% in the September month-to-date, bring