Gahmen shld do same for tariff instead of increasing 21%!!
"OIL companies on Tuesday cut pump prices here for the eighth
time since July amid a worsening economic crisis in the United
States and Europe that has driven oil prices to near 12-month
lows.
They lowered petrol and diesel rates by five cents a litre
across the board. With the reduction, 92, 95 and 98-octane petrol
now cost $1.863, $1.896 and $1.97 a litre respectively before
discount.
Shell's V-Power is now $2.099, while Caltex Platinum is $2.096 a
litre. Diesel, the fuel of commerce, is $1.703 a litre.
The latest adjustment came as the price of crude oil fell below
US$90 a barrel on Monday from a high of US$148 in July.
On the New York Mercantile Exchange, November-dated oil fell by
US $4.13 on Monday to US$89.75 a barrel. Brent crude was down by
US$4.49 to US$85.76. "