MANILA: Seven oil companies -- Pilipinas Shell Petroleum Corp. (PSPC), Petron Corp., Eastern Petroleum, Phoenix Petroleum Philippines, Chevron Philippines Inc. (CPI), PTT Philippines, and Seaoil Philippines Inc. (SPI) -- will roll back the pump prices of diesel by 85 centavos per liter on Tuesday.
Petron Corporation and PTT Philippines will decrease pump prices of gasoline by 55 centavos per liter, while the five other oil firms will lower their rates by 50 centavos per liter.
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