Renew Insurance

Pump prices make another rollback

fuel pump

Fuel companies are closing the month of November by pushing down the prices of their products at the pump further.

KEY TAKEAWAYS

  • How much is the price rollback for today?

    Oil firms will reduce the price of gasoline by P1.10 per liter, diesel by P0.60 per liter and kerosene by P0.50 per liter.

  • How many oil price reduction have happened for November alone?

    Fuel companies are already on its fifth straight pump price cut.

    • As announced yesterday, Pilipinas Shell, Petron, Caltex, Cleanfuel, Seaoil, Phoenix, and Total will reduce the price of gasoline by P1.10 per liter and diesel by P0.60 per liter.

    Most of the abovementioned companies are also trimming down the price of kerosene by P0.50 per liter.

    fuel pump

    Other companies are expected to implement the same movement as well.

    The adjustment will be the fifth consecutive oil price rollback for the month of November.

    Last week, kerosene went down by P1.30 per liter, diesel by P1.20 per liter and gasoline by P0.80 per liter.

    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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