Oil firms to cut down pump prices tomorrow
Oil companies in the Philippines are set to implement a price rollback on their products at the pump.
KEY TAKEAWAYS
What companies announced the adjustment for tomorrow?
The companies that announced the adjustment are Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, and Unioil.How much is the fuel price adjustment tomorrow?
Based on their advisories, companies will reduce P2.60 per liter on gasoline products, P1.60 per liter on kerosene, and P1.55 per liter on diesel.Based on their respective advisories, Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, and Unioil will trim down the price of gasoline products by P2.60 per liter, and diesel by P1.55 per liter.
Many of the aforementioned local players will also cut down P1.60 per liter on the price of kerosene.
Other firms are expected to have the same adjustment by tomorrow.
On September 1, 2022, Petron rolled back the price of liquefied petroleum gas (LPG) by P1.75 per kilogram and AutoLPG by P0.98 per liter.
Further, fuel companies jacked up the prices of diesel and kerosene by P6.10 per liter, as well as gasoline by P1.40 per liter last August 30.
Photos from Ruben D. Manahan IV
Also read:
Oil firms halt price drop streak
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