More fuel price rollbacks set this week
MANILA: Fuel companies in the Philippines are set to slash prices at the pump anew this week.
KEY TAKEAWAYS
What are the adjustments for this week?
This week, oil firms will reduce the price of diesel and kerosone by P0.80 and P0.90 per liter, respectively but add P0.60 per liter on gasoline.When will the adjustments take effect?
The movements will be effective starting tomorrow (August 19).Based on their respective advisories, Caltex, Cleanfuel, Petron, and Seaoil announced that they will implement adjustments at the following products:
|
Product |
Adjustment |
|
Gasoline |
P0.60 per liter (increase) |
|
Diesel |
P0.80 per liter (decrease) |
|
Kerosene |
P0.90 per liter (decrease) |
The adjustments shall start tomorrow (August 19).
Other stories: |
Last week, local oil players had the following movements in their pump prices:
|
Product |
Adjustment |
|
Gasoline |
P0.40 per liter (decrease) |
|
Diesel |
P1.50 per liter (decrease) |
|
Kerosene |
P1.30 per liter (decrease) |
Also read:
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