Oil firms to slash pump prices anew this week

Robie de Guzman   •   October 7, 2019   •   364

MANILA, Philippines – Local pump prices are expected to go down again this week.

In separate advisories, oil companies including Chevron Philippines (Caltex), Pilipinas Shell Petroleum, Phoenix Petroleum and Seaoil have announced reduction in the price per liter of gasoline by P0.80, diesel by P1.00 and kerosene by P1.15.

The price adjustment will take effect at 6 a.m. on October 8, Tuesday.

Cleanfuel have earlier announced similar price cut which took effect on Sunday, Oct. 6 at 4:01 p.m.

This is the second consecutive week of fuel price rollbacks.

Oil price rollback set for April 7

Robie de Guzman   •   April 6, 2020

MANILA, Philippines – Oil companies have announced another price rollback on petroleum products this week to reflect the movement in the international oil market.

In separate advisories, Pilipinas Shell Corporation, Chevron Philippines Inc. (Caltex), and SEAOIL Philippines Inc. said they would slash prices for their gasoline, diesel and kerosene products by P0.35 per liter and P0.70 per liter and P0.75 per liter respectively.

Phoenix Petroleum Philippines and Petro Gaxx will also implement the same price cut except for kerosene which they do not carry.

The oil price rollback will take effect on Tuesday, April 7.

This is the fifth consecutive week that oil firms implemented price cuts.

Big time oil price cut set for March 24

Robie de Guzman   •   March 23, 2020

MANILA, Philippines – Oil companies on Monday announced another round of fuel price rollback to reflect the adjustments in the international oil market.

In separate advisories, Petron Corporation, Chevron Philippines Inc. (Caltex), and Flying V said they will slash the prices of gasoline and kerosene by P3.50 per liter, and diesel by P2.00.

PTT Philippines and Seaoil also announced the implementation of the same amount of price rollbacks.

The fuel price decrease will take effect on March 24, Tuesday.

This is the second week that oil firms implemented hefty price cuts.

The drop in local pump prices was triggered by the decline of prices in the world market.

Big-time oil price rollback set next week

Robie de Guzman   •   March 15, 2020

MANILA, Philippines – Oil firms are set to implement a hefty rollback in the prices of their fuel products next week to reflect the adjustments in the international market.

In separate advisories, Petron Corporation and Flying V announced they will cut the prices of their diesel and gasoline by P4 per liter and P4.50 a liter for kerosene.

Shell Petroleum Corporation, on the other hand, said it will slash its diesel and gasoline prices by P4.25 a liter, and kerosene by P4.35.

Cleanfuel also announced the same fuel price adjustment except for kerosene.

The fuel price decrease will take effect on March 17, Tuesday.

The drop in local pump prices was triggered by the decline of prices in the world market.

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