Oil prices to slide down further tomorrow
Fuel companies in the Philippines announced that they will cut down the prices of their products at the pump tomorrow — the second consecutive reduction for the month of September.
KEY TAKEAWAYS
What companies announced the adjustment for tomorrow?
The companies that announced their retail price adjustment for tomorrow are Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, Seaoil, and Unioil.How much is the fuel price adjustment tomorrow?
Based on their advisories, companies will cut down P0.45 per liter on gasoline, P1.45 per liter on diesel, and P1.70 per liter on kerosene.Based on their respective advisories, Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, Seaoil, and Unioil will trim down the retail price of gasoline products by P0.45 per liter, and diesel by P1.45 per liter.
Many of the aforementioned local players will also implement a price decrease of P1.70 per liter on kerosene.
Other firms are expected to have the same adjustment tomorrow.
Last week, local oil players welcomed the final quarter of the year by reducing the price of gasoline products by P2.60 per liter, diesel by P1.55 per liter, and kerosene by P1.60 per liter.
Photos from Ruben D. Manahan IV
Also read:
Oil firms halt price drop streak
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