• Oil firms set big pump price cuts

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    A big price rollback announced by oil companies on Monday will take effect on July 19, Tuesday.

    Caltex, Eastern Petroleum, Seaoil and Flying V will lower gasoline prices by 55 centavos per liter and diesel by 75 centavos per liter effective at 12:01 a.m. of July 19.

    Caltex will also cut kerosene price by 75 centavos per liter.

    Pilipinas Shell Petroluem Corp., PTT Philippines and Phoenix Petroleum will implement the same price rollback effective at 6 a.m. of July 19.

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    1 Comment

    1. Big rollback ? That’s not even one peso.

      I don’t think big means what you think it does.