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Gasoline prices to dip today as crude costs retreat.

Bangkok Post (Bangkok, Thailand)

| November 04, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Aranee Jaiimsin

Nov. 4--Pump prices in Greater Bangkok will be cut by 40 satang a litre today, reflecting lower world crude oil prices, according to Apisith Rujikiatkamjorn, senior executive vice-president for PTT Plc.

The price cut will bring the cost of premium petrol down to 21.99 baht per litre, gasohol to 21.24 baht and regular gasoline to 21.19 a litre. Diesel prices, which remain subject to government price controls, will remain unchanged at 14.59 baht per litre, or nearly six baht lower than the market price.

Mr Apisith said oil prices had fallen in recent days, with West Texas crude dipping to around $49, from as high as $55 two ...

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Source: HighBeam Research, Gasoline prices to dip today as crude costs retreat.

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