Oil companies cut pump prices

ABS-CBN News

Posted at Apr 19 2013 02:57 PM | Updated as of Apr 19 2013 11:23 PM

MANILA, Philippines (UPDATE) - Oil companies are slashing prices of some oil products at midnight.

Shell said it will cut the price of unleaded gasoline by P1.05 per liter, biodiesel by P1.65 per liter and kerosene by P1.60 per liter. 

Petron said it will slash the price of premium and unleaded gasoline by P1.05 per liter, diesel by P1.65 per liter and kerosene by P1.60 per liter.

Flying V said it will lower the price of unleaded gasoline and regular gasoline by P1 per liter, and biodiesel by P1.50 per liter.

The companies will implement the rollback at 12:01 a.m., Saturday (April 20).