Oil firms roll back prices

October 28, 2019
Oil price hike

FOR a second straight week, local oil companies will implement a small rollback of gasoline and diesel prices effective today.

Independent oil firm PTT Philippines, Unioil Philippines, Total Philippines, Flying V, Petro Gazz and Eastern Petroleum in their separate advisories said they will reduce prices of their gasoline products by 45 centavos per liter and diesel by 10 centavos per liter at 6 a.m. today.

Major oil firms Pilipinas Shell, Petron Corporation and Chevron Philippines also announced the same price adjustments while kerosene remains at its current price.

The latest price adjustment comes after big and small oil companies implemented last week a slight rollback of prices of their petroleum products.