Seaoil Rolls Back Fuel Prices, Other to Follow Suit

Independent local petroleum company Seaoil is the first to roll back the prices of its oil products following last week's PHP2+ price hike.

As of 6 AM today, September 30, Seaoil's gasoline price is down by PHP1.45/liter followed by diesel at PHP0.60/liter and kerosene at PHP1/liter.

Total Philippines has also announced that it will bring its gasoline and diesel prices down by the same respective amounts though its rollback will take place tomorrow, October 1, at 6 AM.

Other oil companies are expected to follow suit.