Oil price rollback looms this week
Oil companies are set to have an oil price rollback this week.
Phoenix Petroleum already implemented an oil price rollback on Sunday (September 29). Their gasoline price went down by P1.55 per liter while diesel was down by P0.50 per liter.
SEAOIL Philippines has also reduced their gasoline price by P1.45/liter, diesel by P0.60/liter, and kerosene by P1.00/liter.
Meanwhile, Petro Gazz and Pilipinas Shell will implement the price rollback on Tuesday (October 1).
Petro Gazz cut prices of gasoline by P1.55/liter and diesel by P 0.50/liter while Pilipinas Shell will cut prices of gasoline by P1.45/liter, diesel by P0.60/liter and kerosene by P1.00/liter.
—AAC Oil firms to slash prices anew this week MANILA, Philippines – Several oil companies have announced another rollback in pump prices effective this week.
In separate advisories, Petron and Pilipinas Shell Petroleum said they will slash the price of gasoline by P0.10 per liter, diesel by P0.25 and kerosene by P0.10 a liter.
SEAOIL Philippines and PTT Philippines have also announced the implementation of the same adjustments to take effect on Tuesday, Nov. 5 at 6 a.m.
Petro Gazz said it will also implement the same price rollback.
Last week, most firms slashed the price of gasoline by P0.45 per liter and diesel by P0.10
Diesel, gasoline prices to go down Tuesday MANILA, Philippines – Prices of petroleum products are expected to go down anew this week, marking the second consecutive weekly rollback.
In separate advisories, Phoenix Petroleum Philippines, Pilipinas Shell Petroleum Corp. and Petro Gazz said they are cutting prices of gasoline by P0.45 per liter and diesel by P0.10.
The price cut will take effect on Tuesday at 6:00 a.m.
Cleanfuel stations on Sunday implemented a slash in the price of its gasoline by P0.60 and diesel by P0.20 per liter.
Other oil companies have yet to announce any price adjustment.
Oil companies set price adjustments on Oct 15 A Filipino motorist (L) counts money as an attendant refuels his vehicle at a gasoline station in Mandaluyong City, east of Manila, Philippines. EPA/ROLEX DELA PENA
Oil companies have implemented price adjustment effective on October 15.
Diesel and kerosene prices will have a rollback of ₱0.10 and ₱0.40, respectively, while gasoline prices will go up by ₱0.25.
Oil firms including Flying V, PetroGazz, Phoenix Petroleum, Pilipinas Shell Petroleum Corp. and PTT Philippines have already implemented the said price adjustments on Tuesday at 6:00 a.m.