More oil firms announce price cuts

By Joann Villanueva

August 12, 2019, 2:46 pm

MANILA – More oil companies announced price reduction for gasoline, diesel and kerosene effective 6 a.m. on Tuesday.

Petron Corporation, Flying V and Shell said price of their gasoline, diesel and kerosene will be slashed off PHP0.50 per liter, PHP1.10 per liter and PHP1.30 per liter, respectively.

“These reflect movements in the international oil market,” Petron said.

On Sunday, Seaoil implemented the same level of cut on its fuel products while PTT Philippines and Petro Gazz are scheduled to implement price rollback around the same time and level on Tuesday. (PNA)

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