PHNOM PENH, Jan. 8 (Xinhua) -- Cambodia's major fuel retailer Sokimex has slightly decreased oil price at its pump stations after Prime Minister Hun called for such action on Tuesday, national media said on Thursday.
By Wednesday, the Sokimex's petrol price was 0.69 U.S. dollar per liter for regular and 0.71 U.S. dollar for premium, said English-language daily newspaper the Phnom Penh Post.
On Tuesday, Hun Sen appealed to the local fuel retailers to further drop oil prices because those at the international market have decreased for a long time.
"You should make oil prices even lower as a New Year gift," he said.
On Tuesday, at most pump stations in Phnom Penh, high-quality gasoline sold at 0.74 U.S. dollar a liter, and general gasoline 0.72 U.S. dollar.
During the past two months, Hun Sen had already asked local retailers to drop oil prices for two times.
The oil price here was once up to 1.50 U.S. dollars per liter at its historical height in 2008.
By Wednesday, the Sokimex's petrol price was 0.69 U.S. dollar per liter for regular and 0.71 U.S. dollar for premium, said English-language daily newspaper the Phnom Penh Post.
On Tuesday, Hun Sen appealed to the local fuel retailers to further drop oil prices because those at the international market have decreased for a long time.
"You should make oil prices even lower as a New Year gift," he said.
On Tuesday, at most pump stations in Phnom Penh, high-quality gasoline sold at 0.74 U.S. dollar a liter, and general gasoline 0.72 U.S. dollar.
During the past two months, Hun Sen had already asked local retailers to drop oil prices for two times.
The oil price here was once up to 1.50 U.S. dollars per liter at its historical height in 2008.
4 comments:
Wow! half price gas!
The oil price has gone down 70 percent in the world market but Cambodian price has gone down slice more than 50 percent... It needs government enforcement about the law of free market economy here. It seems like the gasoline companies are colluding each other to keep the price up. That is against antitrust law.
True, but in Asia, there are always some latency in response to the changing oil price due to various reasons.
Ah Pleur undersea good for is corrupted and begging!!
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