MANILA — Oil prices are dropping on Tuesday, September 26, for the first time in 11 weeks.

The following oil companies said their petroleum prices would fall by the following amounts:

PILIPINAS SHELL, SEAOIL (starting 6 a.m.) 
Gasoline - P0.20/L decrease
Kerosene - P0.50/L decrease
Diesel - P0.20/L decrease

PETROGAZZ, JETTI PETROLEUM, PTT, UNIOIL, PHOENIX PETROLEUM (starting 6 a.m.)
Gasoline - P0.20/L decrease
Diesel - P0.20/L decrease

CALTEX (starting 12:01 a.m.)
Gasoline - P0.20/L decrease
Kerosene - P0.50/L decrease
Diesel - P0.20/L decrease

CLEANFUEL (starting 12:01 a.m.)
Gasoline - P0.20/L decrease
Diesel - P0.20/L decrease

In the past 11 weeks, diesel prices increased by P17.30 per liter, while kerosene increased by P15.94 per liter. Meanwhile, gasoline prices have increased by P11.85 per liter since July.

Department of Energy Oil Management Bureau chief Rino Abad previously said the pump price hikes could have peaked, allowing supply to meet demand.

• First since July 11: Diesel, kerosene prices seen to dip

--With reports from Alvin Elchico, ABS-CBN News