Over P2 oil price cut set for June 11

Robie de Guzman   •   June 10, 2019   •   1257

Oil companies are set to implement a hefty rollback in local prices of petroleum products this week.

In separate advisories, oil firms announced that the price of gasoline will drop by P2.45 per liter, diesel by P2.70, and kerosene by P2.60 a liter.

The fuel price adjustment will take effect on Tuesday, June 11.

The price rollback comes after global oil prices slipped to their January lows due to surging supply in the market and the possibility of slowing demand.

This is the third straight week that oil prices will go down as oil-producing countries continue to cut back on supply.

Oil price rollback set on Dec. 10

Marje Pelayo   •   December 9, 2019

MANILA, Philippines – Pump price cut will take effect Tuesday (December 10) as announced by several oil firms.

At 6:00 AM tomorrow, Shell will slash its fuel prices by P0.40 per liter of gasoline and kerosene.

The price of diesel will remain, according to Shell.

Petron, meanwhile, will cut P0.30 per liter of gasoline and kerosene and P0.10 per liter in diesel.

Cleanfuel on Sunday (December 8) already dropped P0.40/L from their current price for gasoline and P0.10/L from diesel.

This is the second week that oil companies imposed a price cut due to the adjustment in pump prices in the international market.

Oil price cut set for Nov. 26

Aileen Cerrudo   •   November 25, 2019

Oil companies are set to implement price cuts on Tuesday (November 26) at 6:00 a.m.

Shell and Petro Gazz will implement P0.20 per liter price cut in gasoline while P0.10 per liter will be cut from diesel. Shell will also have a P0.10 per liter price rollback in kerosene.

Meanwhile, Clean Fuel already implemented their price cuts on Sunday (November 24). Diesel price went down by P0.10 per liter while gasoline price was cut by P0.10 per liter.—AAC (with reports from Grace Casin)

Oil firms to slash prices anew this week

Robie de Guzman   •   November 4, 2019

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

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