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Oil Companies Slash Gasoline, Diesel Prices

Oil prices by the pump are on a downward trend for this week.

Since Sunday, independent oil company Cleanfuel announced a rollback on diesel at PHP0.20 per liter and gasoline by PHP0.60 per liter starting yesterday, Sunday afternoon, on October 27.

Meanwhile, Pilipinas Shell will cut its prices of PHP0.45 per liter on gasoline and PHP0.10 per liter on diesel on Tuesday, October 29, with Total (Philippines) following the same price adjustments also on October 29 at 6 AM.

Other fuel companies are expected to follow suit.

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