OIL companies will roll back prices of diesel, gasoline, and kerosene on Tuesday, a week after raising pump prices.
Flying V will slash the price of diesel by 40 centavos per liter, gasoline by 50 centavos per liter, and kerosene by 85 centavos per liter at 12:01 a.m.
Phoenix Petroleum, Pilipinas Shell and Seaoil will follow suit at 6 a.m. for diesel and gasoline.
Pilipinas Shell and Seaoil will also bring down the price of kerosene by 85 centavos per liter effective at 6 a.m.
Last week, oil firms increased the price of diesel, gasoline and kerosene by 55, 25, and 85 centavos per liter. JORDEENE SHEEX LAGARE