Drop in fuel prices

Star Oil manager Giorgos Petrou said recentlythat mostly all fuel companies of Cyprus will be lowering fuel prices due tothe global drop in oil prices. The reason for such reduction is because of thefuel shipments that have arrived few days ago as they were bought at a lowerprice.  In connection with these changes,Giorgos Petrou has announced that his company is planning to cut prices by 2.3cents per litre for petrol and 2.7 cents for diesel.