Oil firms cut pump prices Tuesday

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(Photo by Mike Mozart/Flickr, CC BY 2.

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0)” width=”640″ height=”478″ /> FILE: In separate advisories, Flying V and Seaoil cut gasoline prices by 25 centavos per liter and kerosene price by 15 centavos per liter effective midnight Tuesday. (Photo by Mike Mozart/Flickr, CC BY 2.0)

MANILA — Oil firms slashed pump prices on Tuesday, reflecting petroleum price movement in the international petroleum market.

In separate advisories, Flying V and Seaoil cut gasoline prices by 25 centavos per liter and kerosene price by 15 centavos per liter effective midnight Tuesday.

Meanwhile, Phoenix Petroleum, PTT Philippines, Eastern Petroleum, Shell, Jetti and Petron implemented the same price rollback at 6 a.m.

No movement in diesel prices was announced.

 (PNA)