OIL companies on Sunday slashed pump prices to adjust to the cost of crude in the world market.
Pilipinas Shell, Petron Corp., Chevron, PTT Philippines, and Seaoil Implemented the rollback at 12:01 a.m. Sunday.
Pilipinas Shell, Petron Corp., Chevron, and Seaoil cut prices of kerosene by P1.60 per liter.
PTT Philippines and the Big 3, Pilipinas Shell, Petron Corp. and Chevron, dropped P1.55 from the per-liter price of diesel, and Seaoil cut P1.65 per liter.
For gasoline, Chevron, Petron, PTT and Seaoil lowered prices by P1.20 per liter and Shell by P1.10 per liter.
This is the second time oil companies rolled back prices for this month. The first was Tuesday. RITCHIE A. HORARIO