Oil firms to roll back fuel prices

ABS-CBN News

Posted at May 05 2014 02:56 PM | Updated as of May 06 2014 01:19 AM

MANILA, Philippines (2nd UPDATE) – Several oil firms announced Monday that prices of fuel products will be rolled back on Tuesday.

Pilipinas Shell, Petron Corp., and SEAOIL said they will cut prices of gasoline products by P0.75 per liter; kerosene by P0.50 per liter; and diesel by P0.50 per liter effective 12:01 a.m.

PTT Philippines will also roll back prices of gasoline products by P0.75 per liter and of diesel by P0.50 per liter effective 12:01 a.m.

Phoenix Petroleum Philippines, meanwhile, will decrease prices of gasoline by P0.75 per liter and diesel by P0.50 per liter effective 6 a.m.