• Oil firms to roll back pump prices

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    After a series of price increases, Pilipinas Shell Petroleum, PTT Philippines, Phoenix Petroleum, SeaOil and Eastern Petroleum on Monday announced that they are set to lower prices of their petroleum products.

    Shell said it will reduce the price of gasoline by 15 centavos per liter, diesel by60 centavos per liter and kerosene by 40 centavos per liter effective at 6 a.m., Tuesday.

    SeaOil will adjust its pump prices per liter also effective at 6 a.m., Tuesday– gasoline by 15 centavos per liter, diesel by 60 centavos per liter and kerosene by40 centavos per liter.

    PTT Philippines will roll back also at 6 a. m., Tuesday, prices of gasoline by 15 centavos per liter and diesel by 60 centavos per liter.

    Phoenix Petroleum will reduce diesel prices by 60 centavos per liter and gasoline prices by 15 centavos per liter, also effective at 6 a.m., Tuesday.

    Eastern Petroleum earlier cut diesel prices by 70 centavos per liter and gasoline by 20 centavos per liter also effective at 6 p.m. on Monday.

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