Oil firms cut pump prices anew


Posted at Jun 08 2012 01:26 PM | Updated as of Jun 09 2012 03:28 AM

MANILA, Philippines - Shell, Unioil, Filoil and Flying V announced another round of oil price cuts, effective 12:01 a.m., June 9.

Shell is cutting the price of diesel, unleaded and premium gasoline by P1.50 per liter. The price of regular gasoline and kerosene will also be lowered by P2.

Unioil said it is also slashing the price of its diesel and gasoline products Quantum and unleaded by P1.50 per liter, while regular unleaded will be cut by P2 per liter. All prices are VAT inclusive.

Filoil is lowering the price of biodiesel, premium and unleaded will be lowered by P1.50 per liter, while kerosene will be slashed by P2.

Likewise, Flying V said it will roll back the price of biodiesel and gasoline (unleaded and premium) by P1.50 per liter, while regular gasoline and kerosene prices will be cut by P2. - Report from Alvin Elchico, ABS-CBN News