By Lenie Lectura - March 12, 2018
OIL firms announced on
Monday they will implement a price rollback
starting Tuesday morning.
In separate advisories, the price of
gasoline will be reduced by P0.35 per liter, diesel by P0.55 per liter and
kerosene by P1.20 per liter.
Seaoil Philippines and Eastern
Petroleum would implement the price rollback at 12:01 a.m. of March 13.
PTT Philippines, Phoenix Petroleum
and Total Philippines would implement their respective price adjustments
starting 6 a.m. of Tuesday.
They cited movements in the world
oil market as the reason for the local price adjustment.
This is the first price rollback for
the month. On March 6 oil firms increased gasoline prices by P0.50 per liter,
diesel by P0.30 per liter and kerosene by P0.80 per liter.
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