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Singapore

May 23, 2008

Petrol nears $2.40 a litre with second rise in a week

Pump prices are up again - for the second time in a week, third time in a month, fifth since March. The latest rise - the 12th consecutive since last July - was sparked off by oil giant Shell when it upped petrol prices unannounced by five cents a litre and diesel by seven cents at 5pm on Thursday.

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