MANILA -- Oil companies yesterday said they will implement a pump price rollback of PHP0.85 to PHP1.30 effective 6 a.m. today.
The price reduction reflects movements in the international petroleum market.
Shell will implement the following price rollback: gasoline PHP1/liter; kerosene PHP0.85/liter; and diesel PHP1.30/liter.
Eastern Petroleum will slash the price of diesel by PHP1.30/liter; unleaded and premium gasoline by PHP1/liter.
Phoenix Petroleum announced a price reduction of PHP1/liter for gasoline and PHP1.30/liter for diesel.
Flying V slashed prices of gasoline by PHP1/liter; biodiesel by PHP1.30/liter; and kerosene by PHP0.85/liter.
PTT Philippines will implement a price rollback of PHP1/liter for gasoline and PHP1.30 for diesel.
Meanwhile, Seaoil said the following price rollback will be effective by 12:01 a.m. today: gasoline PHP1/liter; diesel PHP1.30/liter; and kerosene PHP0.85/liter.*PNA
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