Petron, Seaoil to slash prices

ABS-CBN News

Posted at Sep 08 2012 08:36 PM | Updated as of Sep 09 2012 07:59 PM

MANILA, Philippines (UPDATE) – Oil players Petron Corp. and Seaoil announced price cuts of their petroleum products.

Seaoil will reduce the prices of its premium and unleaded gasoline by P0.60 per liter. It will also implement a P0.25 per liter rollback on diesel.

But it will hike the price of its kerosene by P0.20 per liter.

Seaoil’s price changes will be effective starting 6 a.m., Sunday.

Petron, on the other hand, will slash the prices of Blaze 100, XCS, and Xtra by P0.60 per liter.

It will also implement a P0.25 price cut per liter of Turbo Diesel and DieselMax.

Its kerosene prices, however, will increase by P0.20 per liter.

Petron will start implementing the price changes at 12:01 a.m., Monday.