Business and Economy
Minimal oil price rollback set Tuesday
Caltex, Seaoil, and Shell will also slash kerosene prices by 30 centavos.
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By Kris Crismundo, Philippine News Agency
MANILA – Oil firms will implement minimal price rollback on Tuesday.
In separate advisories, Caltex, Cleanfuel, Petro Gazz, Seaoil, and Shell said they would cut gasoline and diesel prices by 10 centavos per liter.
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Caltex, Seaoil, and Shell will also slash kerosene prices by 30 centavos.
Other oil firms are expected to follow suit.
With this adjustment, diesel and kerosene prices have already cut prices for three weeks in a row.
Gasoline prices in Metro Manila currently range from PHP52 to PHP77.97 per liter, diesel prices range from PHP51 to PHP74.70 per liter, and kerosene from PHP72.84 and PHP84.10 per liter.
