Another oil price cut this week

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Metro Manila (CNN Philippines, March 27) — Oil companies will cut prices of fuel products again for the second week in a row beginning Tuesday.

In separate advisories, Seaoil and Petro Gazz said the per-liter prices of gasoline and diesel will be lower by ₱0.85 and ₱1.30, respectively.

For kerosene, Seaoil said prices would fall by ₱1.90 per liter.

According to the oil monitoring of the Department of Energy as of March 21, the year-to-date per-liter price cut stood at ₱2.85 for diesel and ₱3.65 for kerosene. Gasoline has a net increase of ₱5.50 per liter.

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