ExxonMobil, Shell and Caltex reduced petrol pump prices by six
cents a litre on Monday just three days after they were raised by
the same amount.
This brings the prices back to between $1.414 and $1.62 per litre
depending on the petrol grades.
ExxonMobil brought down their pump prices at 11am on Monday and
Shell at 1.30pm.
Caltex will be reducing prices at 3pm.
There is no change in the diesel pump price.
The oil companies in Singapore raised the petrol retail prices by
six cents a litre on February 25th citing global market conditions
and an significant rise in wholesale petrol prices. - CNA
SPC did not even raise price