Oil firms to roll back prices on Tuesday


Posted at Dec 01 2014 03:46 PM | Updated as of Dec 02 2014 02:44 AM

MANILA (2ND UPDATE) – Oil companies on Monday said it will slash prices of its kerosene and diesel products on Tuesday, December 2.

Pilipinas Shell, Caltex, Petron Corp. and SEAOIL said prices of diesel products will be cut by P0.50 per liter while kerosene will be decreased by P0.75 per liter.

The rollback will be effective 12:01 a.m.

PTT Philippines will roll back pump prices of diesel only by P0.50 per liter also effective 12:01 a.m.

Phoenix Petroleum and PTT Philippines, meanwhile, said only diesel prices will be slashed by P0.50 per liter on Tuesday.