LPG rollback seen in March

Aileen Cerrudo   •   February 28, 2020   •   1075

The Liquefied Petroleum Gas Marketers Association (LPGMA) might implement a price rollback on their LPG beginning March.

According to the LPGMA, there will be P2 to P4/kilogram price reduction. For every 11 kilogram LPG tank, there will be a price reduction of P22 to P44.

The said price rollback is expected to take effect starting March 1.—AAC

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P10 price rollback on LPG effective April 1

Marje Pelayo   •   April 1, 2020

MANILA, Philippines – Effective Wednesday (April 1), households will be able to breathe a sigh of relief as big-time price rollback takes effect on liquefied petroleum gas (LPG).

Petron Corp. and Solane on Tuesday (March 31) announced price reductions of its LPG products.

Effective 12:01am Wednesday, Petron Corp. slashed prices of its LPG products by P10.70 per kilogram and P6.00 per liter for Auto LPG.

Phoenix LPG Philippines also announced a similar price cut on Phoenix Super LPG as well as on its AutoLPG.

Solane LPG prices, meanwhile, imposed a price reduction of P9.58 per kilogram on its LPG products.

With P10.00 to P11.00 per kilogram price rollback, each 11-kilogram LPG cylinder is now P110 to P121 lower than the previous price.

Pump prices to go down this week

Robie de Guzman   •   October 21, 2019

A gas attendant refuels a motorcycle at a gas station in Quezon City, Metro Manila, Philippines. EPA/VAL HANDUMON

MANILA, Philippines – Local prices of petroleum products are set to go down this week.

In separate advisories, Chevron Philippines Inc., SEAOIL Philippines, and Pilipinas Shell Petroleum Corp. said they will slash the prices of gasoline by P0.25 per liter, diesel by P0.10 and kerosene by P0.25 a liter.

Phoenix Petroleum, TOTAL and Petro Gazz will also implement the same adjustments excluding kerosene.

The price rollback will take effect on Tuesday, October 22.

Oil firms last week increased gasoline prices by P0.25 a liter but slashed diesel and kerosene prices by P0.10 and P0.40, respectively.

Oil companies to implement price rollback anew

Maris Federez   •   August 12, 2019

Oil companies have implemented a price rollback on petroleum products.

Industry players said prices of diesel will be reduced by one peso and 10 centavos per liter, while gasoline will have a fifty-centavo cut price.

Kerosene, on the other hand, will have a Php1.30 per liter price rollback.

Phoenix Petroleum, Clean Fuel, and Seaoil were the first ones to reduce the price of their oil products during the weekend.

Big-time players Shell, Petron and Caltex will implement the price cut tomorrow.

The price reduction is due to the movement of oil prices in the world market. /mbmf

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