MANILA, Philippines (UPDATE) - Fuel retailers said they will adjust pump prices on Tuesday.
Shell, Petron and PTT Philippines said they will lower gas prices by P0.55 per liter. However, they will increase diesel prices by P0.35 per liter.
Shell said the price adjustment will take effect at 12:01 a.m. Tuesday, while Petron and PTT's price adjustments will take effect at 6 a.m.
Oil firms said these adjustments reflect movements in the international oil market.