Oil price cuts to continue tomorrow
Although relatively small compared to the previous weeks’ adjustments, fuel companies will continue to trim down the retail price of their pump products tomorrow— the fifth consecutive reduction since the start of the final quarter of 2022.
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, oil firms will cut down the price of gasoline by P0.40 per liter, diesel by P0.45 per liter, and kerosene by P0.85 per liter.Based on their respective advisories, Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, Seaoil, and Unioil are set to reduce the price of gasoline by P0.40 per liter and diesel by P0.45 per liter.
Many of the aforementioned companies will also decrease the price of kerosene by P0.85 per liter.
Other companies are expected to implement the same adjustment.
The adjustments will start at 12:01 a.m. Tuesday.
Last week, gasoline prices went down by P1.65 per liter, diesel by P1.25 per liter, and kerosene by P1.35 per liter.
Photos from Ruben D. Manahan IV
Also read:
Diesel, kerosene prices go down by P4/L today
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