MANILA, Philippines (UPDATE) - Fuel retailers are adjusting pump prices on Tuesday.
Shell, Petron, Phoenix and Eastern Petroleum said they will lower the price of diesel by P0.40 per liter.
However, they will also raise the price of gasoline by P0.15 per liter.
Shell and Petron said it will cut the price of kerosene by P0.80 per liter.
The price adjustments will take effect at 12:01 a.m., March 3, 2015.