Total, PTT Philippines to rollback diesel by P0.85 centavos on Tuesday

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MANILA — Total and PTT Philippines will implement a rollback on their diesel products by P0.85 centavos on July 8 (Tuesday).

While PTT Philippines will apply the decrease at 12 a.m. Tuesday, Total said that it will execute their price adjustment at 6 a.m.

No other price movements were mentioned by the two companies.

The Philippines is dependent on foreign oil supply, which makes it very vulnerable to international market movements.