Oil firms will implement a minimal price rollback on petroleum products starting Tuesday.
In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil, and Shell said they will cut gasoline prices by 10 centavos per liter.
Caltex, Seaoil, and Shell will also slash kerosene prices by 50 centavos per liter.
There will be no price adjustment for diesel prices this week.
“Year-to-date, gasoline has a total net increase of P4.65 per liter, diesel total net increase of P4.45 while kerosene has a total net increase of P0.90/liter,” the Department of Energy said.
It added that current prices of gasoline in Metro Manila range from P50 to P74.90 per liter; diesel, from P49 to P74.74 per liter; and kerosene, from P69.20 to P83.69 per liter.*PNA
