Retail price cut by 50 satang


Retail oil prices will be chopped Bt0.50 per litre tomorrow, in the second cut within a week, on global worries in Euro zone public debts and the fragile recovery in the US economy.

 

 Dubai crude oil fell to US$72.12 per barrel, down $0.09 from the previous day. Refined petrol and diesel prices in Singapore also declined to $81.20 and $83.04 per barrel.

 The cut in domestic oil price is applicable to all fuel products, except gasohol E85.






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