Philippines

Oil firms cut pump prices effective Tuesday

Oil firms cut pump prices effective Tuesday

MANILA (Philippines News Agency) -– Oil firms will cut pump prices of gasoline by 35 centavos a liter and 20 centavos per liter both for diesel and kerosene effective Tuesday.

Petron Corp., PTT, Jetti, Phoenix and Eastern Petroleum will rollback their prices effective 6 a.m. while SeaOil and Flying V by 12:01 a.m. both on Tuesday.

The rollback was due to downward price movements of crude oil in the international market. (AAA/PNA)

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