Oil price rollback set this week

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Metro Manila (CNN Philippines, November 21) — Oil companies announced downward adjustments of their pump prices, with motorists seeing more than a ₱2 cut in diesel products.

Petro Gazz, Cleanfuel, Seaoil, PTT Philippines, Phoenix Petroleum, Caltex Fuel, and Flying V said in separate advisories that the per-liter prices of their diesel and gasoline will be reduced by ₱2.15 and ₱0.40, respectively.

Seaoil, Caltex Fuel, and Flying V also said per-liter prices of kerosene will decrease by ₱2.10.

According to the Department of Energy’s oil monitoring, as of Nov. 15 the year-to-date per-liter increases stood at ₱18.15 for gasoline, ₱36 for diesel, and ₱29.95 for kerosene.

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