AT least one oil company on Monday announced that they continue to cut fuel prices.
In an advisory, Pilipinas Shell said that starting Tuesday, they would
slash pump prices of kerosene by P.35 a liter and diesel by P.10 a liter.
The advisory also noted that gasoline prices would be retained.
The said adjustment is the fourth for the month of January.
On January 13, oil firms rolled back prices of diesel by P0.90 a liter and gasoline by P0.85 a liter and P1.10 a liter on the price of kerosene.
On January 7, diesel was cut down by P.45 a liter and kerosene by P.25 a liter while retaining the price of gasoline products.
On January 1, Petron Philippines implemented a P7.65 a kilogram price rollback on liquefied petroleum gas (LPG) after having an across-the board price hike on New Year’s eve.
Meanwhile, they would also cut P5.34 a kilogram in Cebu and Bohol to align prices.
Besides the LPG price drop, Petron would also slash P4.27 a liter for AutoLPG nationwide and a P2.98 a liter decrease in Bohol.