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Pump prices drop this week

fuel pump

Local pump prices  have dropped today. 

KEY TAKEAWAYS

  • By how much will oil players cut the cost of diesel this week?

    The cost of diesel will be slashed by P3.00 this week.

  • When will the said price change be effective?

    The abovementioned price change is effective today, November 14.

    • Companies such as Seaoil, Unioil, and Caltex, have shared that the price of gasoline was cut down by P0.70 per liter while diesel went down by P3 per liter. Meanwhile, the price of kerosene was reduced by P2.30 per liter.

    Other companies are expected to follow suit.

    Last week, the price of gasoline was reduced by P0.45, diesel by P1.10, and kerosene by P1.05.

    The latest adjustment is the second price cut for the month of November.

    Photo from Ruben Manahan IV

    Also read: 

    Oil firms to cut down pump prices this week to mark start of Nov.

    Local firms to raise fuel pump prices this week

    Fuel pump prices to slide by more than P2/L this week

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