OIL companies will implement another hefty price cut on Tuesday, the second price rollback after a series of price increases.

Petron, Pilipinas Shell, Phoenix Petroleum, Seaoil, PTT Philippines, Eastern Petroleum, and Flying V announced that they will rollback the price of diesel and gasoline by 95 centavos and 80 centavos per liter, respectively, effective June 13, Tuesday.

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