Oil firms to bring down diesel, kerosene prices tomorrow
Fuel companies are set to implement price rollback on some of their products at the pump tomorrow (July 5).
KEY TAKEAWAYS
How much is the fuel price adjustment tomorrow?
Fuel companies will trim down P3 per liter on diesel and P3.40 per liter on kerosene.What are the companies that announced the adjustment?
The firms that will be reducing their prices tomorrow are Petron, Caltex, Cleanfuel, Seaoil, PTT Philippines and UnioilBased on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil, Unioil and PTT Philippines will cut down the retail price of diesel by P3 per liter while no adjustments will be made on gasoline products.
Meanwhile many of the aforementioned brands will also trim down the price of kerosene by P3.40 per liter.
Other industry players are expected to follow suit.
Last Friday (July 1), Petron already reduced P0.40 per kilogram on liquefied petroleum gas (LPG) and P0.22 per liter on AutoLPG.
The price decrease was implemented following the four straight hikes in June 2022.
Photos from Ruben D. Manahan IV
Also read:
Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH
Top 24 Fuel Efficient Cars In The Philippines
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