Oil price down & our pump price have not change

[sta1100]

LONDON, Sept 2 - European shares extended gains in late morning on Tuesday as a sharp fall in the oil price took the edge off inflation concerns, while financials gained.

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At 1051 GMT, the FTSEurofirst 300 <.FTEU3> index of top European shares was 0.8 percent higher at 1,199.27, recovering from a low of 1,182.72 points.

Oil <CLc1> sank to around $107 a barrel on initial signs that a weakened Hurricane Gustav spared major Gulf oil facilities. BP <BP.L>, Royal Dutch Shell <RDSa.AS> and Total <TOTF.PA> lost around 2 percent.

German exchange operator Deutsche Boerse <DB1Gn.DE> rose 5.4 percent after its two biggest shareholders said they would work together to explore all options for shareholder value creation.

Among banks, Barclays <BARC.L> was up 3 percent and UBS <UBSN.VX> gained 2.8 percent

 

[eeoror88]

Stop whining and pining !!

Sell your car and take MRT and bus, then !!

 

[royster79]

oil price up 10 times, the pump raise 5 times... oil price down 10 times, they lower 2 times... sometimes too long never lower, they forget liao.. haiz.....

 

[BlueCat]

same for transport,those essential foodstuff.
they will say,this is only short-term,in the long-term the price will still increase.

 

[silverspoon]

after they enjoyed the ecessive profits do you think they will cut it?