Oil price rollback set next week

Aileen Cerrudo   •   August 9, 2019   •   859

Oil companies are set to implement an oil price rollback starting next week.

According to industry players, there will be a possible P1.20 per liter rollback in diesel prices while P0.50 per liter rollback in gasoline prices.

The rollback is due to the fuel price movement in the world market.

Meanwhile, on Wednesday (Aug 7) prices of auto LPG also dropped by P1.00 per liter.—AAC (with reports from Mon Jocson)

Hefty oil, LPG price rollback seen this week

Aileen Cerrudo   •   March 2, 2020

Oil companies are set to lower their oil prices to almost P2 beginning Tuesday (March 3) after crude prices drop in the global market due to the coronavirus threat.

Seaoil and Shell will implement their oil price rollbacks on Tuesday at 6:00 a.m. Their gasoline prices will drop by P1.40 per liter, diesel prices will drop by P1.60/liter while their kerosene prices will be reduced by P1.65/liter.

Petro Gazz will also lower their oil prices to P1.40/liter in gasoline and P1.60/liter in diesel.

Meanwhile, Cleanfuel and Phoenix Petroleum already implemented their reduced prices during the weekend. Diesel and gasoline prices in Phoenix Petroleum and Cleanfuel dropped by P1.60/liter and P1.40/liter, respectively.

Prices of Liquefied Petroleum Gas (LPG) in Petron also dropped on Monday (March 2) by P3.90/kilogram. Auto LPG, meanwhile, had its prices drop by P2.20/liter.—AAC (with reports from Grace Casin)

Oil price hike looms this week

Aileen Cerrudo   •   February 24, 2020

FILE PHOTO: PTT fuel dispenser | PVI/Mosquiton Isacar

Oil companies are set to implement price adjustments beginning Tuesday (February 25).

Based on Shell’s advisory, their diesel, gasoline, and kerosene prices will go up by P0.20/liter, P0.30/liter, and P0.35/liter respectively. The said prices will be effective on Tuesday at 6:00 a.m.

Petro Gazz will also implement the same price hike on their diesel (P0.20/liter), and gasoline (P0.30/liter).

Meanwhile, Cleanfuel is set to implement their price adjustments on Wednesday (February 26) at 12:01 a.m. Their diesel price will be up by P0.20/liter while gasoline price will increase by P0.30/liter.—AAC

Oil price rollback set on Feb 4

Aileen Cerrudo   •   February 3, 2020

Oil companies will set another oil price rollback on Tuesday (February 4).

Effective on Tuesday at 6:00 a.m., Shell prices on gasoline, kerosene, and diesel will be down by P1.60, P2.45, and P2.00 per liter, respectively.

Petro Gazz and Seaoil will also have a similar price rollback for diesel and gasoline.

Meanwhile, Cleanfuel already implemented an oil price rollback on Sunday (February 2) at 6:00 a.m. on diesel (P2.00 per liter) and gasoline (P1.60 per liter).—AAC (with reports from Grace Casin)


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