Oil firms to slash pump prices

ABS-CBN News

Posted at Dec 20 2014 03:51 PM | Updated as of Dec 21 2014 09:46 AM

MANILA (2nd UPDATE) – Seven oil companies have announced a rollback on fuel pump prices effective tomorrow, December 21.

Effective 12:01 a.m. on December 21, Petron will reduce gasoline prices by P1.10 per liter, diesel prices by P1.35 per liter and kerosene prices P1.40 per liter.

Shell and Seaoil will also reduce their pump prices by the same amounts effective midnight.

Caltex will decrease the prices of Gold and Silver gasoline by P1.10 per liter, diesel by P1.35 per liter and kerosene by P1.40 per liter.

Eastern Petroleum will also cut its gasoline prices by P1.10 per liter and diesel prices by P1.30 per liter, effective 12:01 a.m.

PTT Philippines will also decrease pump prices of gasoline by P1.10 per liter and of diesel by P1.35 per liter, effective 12:01 a.m.

Phoenix Petroleum Philippines will decrease their pump prices by the same amount effective 6 a.m on December 21.