Oil price rollback set on Dec. 10

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.