Imelda Saad
Channel NewsAsia

Pump prices are down again - the second time in just over a week. The last time fuel prices were cut was on Oct 7.

Taking the lead are Shell, Singapore Petroleum Company Limited (SPC) and Caltex.

The three companies have cut petrol prices by five cents per litre for all fuel grades. The price of diesel is reduced by 10 cents per litre.

The latest revision follows a series of petrol price cuts since July 2008, after a drop in crude oil prices.

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