Oil firms roll back pump prices


Posted at Jan 04 2015 01:25 PM | Updated as of Jan 04 2015 09:25 PM

MANILA, Philippines – Oil firms will slash pump prices on Monday.

Petron and PTT will slash 95 centavos per liter of its gasoline products and 80 centavos per liter of diesel effective 12:01 a.m.

Petron will also slash P1.25 per liter of kerosene.

Other oil firms are expected to announce roll backs of their pump prices as well. -- Report from Alvin Elchico, ABS-CBN News