Pump prices down by 5 cents; second cut in a week
By Imelda Saad, Channel NewsAsia | Posted: 07 November 2008 1230 hrs

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SINGAPORE: Petrol pump prices have been reduced again, the second in a week.

Shell led the round of cuts at 10am. This was followed by Caltex and Singapore Petroleum Company at 11am, and finally by ExxonMobil at 12.30pm.

All pump prices are down five cents a litre. The Premium 95 unleaded grade now costs S$1.686 a litre before discounts, while the price of diesel is lowered to S$1.433.

Petrol prices have been dropping on the back of lower crude oil prices. - CNA/vm