Oil firms to implement across-the-board price cut tomorrow
Oil players are set to implement an oil price decrease on all products by the pump tomorrow, September 8.
Based on their respective advisories, Pilipinas Shell and Cleanfuel are set to slash P0.55 per liter on kerosene, P0.45 per liter on diesel and P0.30 per liter on gasoline.
Other oil firms are expected to implement similar adjustments.
Last week, fuel companies jacked up the price of gasoline By P0.10 per liter to welcome the month of September. However, they have also reduced the price of kerosene and diesel by the same amount, making it three consecutive weeks that the price of the said products were on the downtrend.
Photo/s from Ruben D. Manahan IV
Also read:
Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH
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