Oil companies to implement price rollback anew

THE price reduction is not as big as in previous price rollback.

Several oil companies will slash fuel prices for the third consecutive week effective 6 a.m. on Tuesday, 10 September given the same developments in the international oil market.

In advisories, PTT Philippines, Petron Corporation, Flying V and Petro Gazz said prices of their respective gasoline products will be reduced by PHP0.50 per liter and diesel by PHP0.10 per liter.

Petron and Flying V will also rollback the prices of their kerosene by PHP0.25 per liter during the same time.

Seaoil implemented the same reductions effective 6 a.m. Monday, 9 September.