Oil firms slash diesel, kerosene prices


Posted at Aug 18 2014 03:30 PM | Updated as of Aug 18 2014 11:30 PM

MANILA, Philippines – Several oil firms have announced that they will reduce prices of its diesel and kerosene products on Tuesday, August 19.

Pilipinas Shell and SEAOIL said diesel prices will be slashed by P0.40 per liter while kerosene will be cut by P0.35 per liter effective 12:01 a.m.

Phoenix Petroleum Philippines, on the other hand, will lower prices of diesel products only by P0.45 per liter effective 6 a.m.

No movement on gasoline prices was announced.