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Oil firms to continue price slide tomorrow

fuel pump

Fuel companies are set to implement another substantial rollback on prices at the pump tomorrow (Tuesday, July 19).

KEY TAKEAWAYS

  • How much is the fuel price adjustment tomorrow?

    Oil firms will roll back the price of gasoline by P5 per liter, diesel by P2 per liter, and kerosene by P0.70 per liter.

  • What are the companies that announced the adjustment?

    The firms that announced the adjustment for tomorrow are Petron, Caltex, Cleanfuel, Seaoil Philippines, Total Philippines, PTT Philippines, and Unioil.

    • Based on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil, Total Philippines, PTT Philippines, and Unioil will cut down the price of gasoline products by as much as P5 per liter and diesel by P2 per liter.

    At the same time, many of the aforementioned oil firms are also reducing the price of kerosene by P0.70 per liter.

    fuel pump

    Other players are expected to conduct the same adjustment.

    Last week, retail prices slid by P5.70 per liter of gasoline, P6.10 of diesel and P6.30 of kerosene.

    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

    5 Tips on How To Get Better Fuel Economy while Driving on Highway

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