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20050713 Wednesday July 13, 2005

Petrol price war

In the midst of record-setting crude oil prices hovering around $60, the Petrol Price War in Singapore heats up again. Esso-Mobil is offering a massive 25% discount off petrol and so is Shell and everyone else. What is this counter-intuitive trend all about? Furthermore, the national "Great Singapore Sale" should already have been over (last day - Sun 3 Jul 2005).

Posted by lowem.

Jul 13 2005, 10:45:19 PM SGT Permalink

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