Caltex, SPC cut pump prices by 5 cents per litre

07 October 2008 1359 hrs (SST) 0559 hrs (GMT)

SINGAPORE: Good news for motorists - Caltex and Singapore Petroleum Company have kicked off another round of petrol price cuts.

Pump prices for all grades of Caltex and SPC petrol have gone down by five cents per litre as of 1pm on Tuesday.

The latest revision follows a series of petrol price cuts since July this year, following a drop in crude oil prices.

- CNA/yb