Friday, May 6, 2011

Oil prices drop

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BY PATRICK KAGENDA & KABONA ESIARA

All eyes are on Government and oil dealers here to see whether a recent downturn in crude oil prices would cause local gas prices to start falling soon. But oil dealers however, insist that although international oil prices have fallen by nearly 10 per cent to settle below US$100 per barrel, Ugandans will have to wait for at least a month before they might see a reduction in pump prices.

Oil importers have however warned that it is not yet time to

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