Diesel to go down by more than P1/L
After going up to almost P3 per liter last week, oil companies are set to cut down the price of diesel by more than P1 per liter tomorrow.
KEY TAKEAWAYS
What companies announced the adjustment for tomorrow?
The companies that announced the adjustment are Caltex, Cleanfuel, Petron, PTT Philippines, Seaoil, and Unioil.How much is the fuel price adjustment tomorrow?
Based on their advisories, oil firms will reduce the retail prices of diesel by P1.10 per liter, gasoline products by P0.35 per liter, and kerosene by P0.45 per liter.Based on their respective advisories, Caltex, Cleanfuel, Petron, PTT Philippines, Seaoil, and Unioil reduce the retail price of diesel by P1.10 per liter. They will also trim down the price of gasoline products by P0.35 per liter.
Further, many of the aforementioned companies will implement a price rollback of P0.45 per liter on kerosene.
Other firms are expected to implement the same adjustment.
The movement on pump prices will start at 12:01 a.m. Tuesday.
Photos from Ruben D. Manahan IV
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