September 30, 2019 | 8:16 pm
OIL COMPANIES will cut prices
starting Tuesday after last week’s hefty price hike.
The prices of gasoline products will
go down by P1.45 a liter, diesel will be cheaper by 60 centavos a liter, and
kerosene will drop by P1 a liter. Most of the companies will adjust their
prices at 6 a.m. today.
“These reflect movements in the
international market,” Petron Corp. said in a statement.
Phoenix Petroleum Philippines, Inc.
on Sunday cut the price of gasoline by P1.55 a liter and diesel by 50 centavos
a liter.
Last week, oil companies raised the
prices of gasoline, diesel and kerosene by P2.35 a liter, P1.80 a liter and
P1.75 a liter, respectively. — VVS
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