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Philippine oil firms cut pump prices of petroleum products

Oil firms cut pump prices of petroleum products

MANILA (Philippines News Agency) – Oil companies will cut pump prices of gasoline by Php 0.90 per liter; diesel by Php 1.05 per liter;and kerosene by Php 0.90 per liter effective Tuesday.

Pilipinas Shell Petroleum Corp., Petrom Corp., PTT, SeaOil and Eastern Petroleum, Phoenix, Flying V said the price cut reflected price movements in the international market.

Flying V and SeaOil will implement the price adjustments by 12:01 a.m. Tuesday, while the other companies by 6 a.m. also on Tuesday. (Abs Abando/PNA)

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