10 cent reduction in fuel prices
Fuel prices are down another 10 cents.
OneShift Editorial Team
28 Jul 2008
As of 10am Monday, SPC, Shell and Caltex had their pump prices revised downwards to S$2.110 for premium unleaded, S$2.036 and S$2.003 for 95 unleaded and 92 unleaded petrol respectively, excluding on-site discounts.
Diesel is now priced at S$1.863 per litre.
This latest revision comes at a time where analysts predict a slowdown in demand for oil due to slowing economies and fresh signs of rising supply.
At Friday's close of trade, oil was traded for USD125 a barrel in London and New York.
Credits: Jarvis
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