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Old 25-Jun-2008, 07:06 PM   #1
Race King
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Angry All petrol stations raise prices when oil prices is falling

Today's news: Petrol prices rises in all petrol stations despite the falling oil prices. Isn't this monopolistic practice or price-fixing by the cartels?

Who is there to protect the poor consumers?
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Old 25-Jun-2008, 09:34 PM   #2
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Can forget about buying big cc cars liao.....
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Old 25-Jun-2008, 11:53 PM   #3
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Quote:
Originally Posted by Race King View Post
Today's news: Petrol prices rises in all petrol stations despite the falling oil prices. Isn't this monopolistic practice or price-fixing by the cartels?

Who is there to protect the poor consumers?
They always argue that the oil that the bought were from earlier stock. So the price never fall when oil price fall.. Now they even raise price...

You know what, what happened is this, one station raise price, the others follow suit. That's the problem when they know there's alway demand for it, and they claim that the profit margin is low

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Can forget about buying big cc cars liao.....
Unless company pay for it...
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Old 18-Jul-2008, 03:58 PM   #4
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Looks like someone is pushing the petrol stations to drop the prices? Petrol stations have be dropping few cents recently...
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Old 26-Jul-2008, 10:54 AM   #5
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Dropped again, I just pumped full tank before 2nd dip in price
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