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File photo MANILA - Oil companies have announced they will bring down petroleum prices starting 12:01 a.m. Tuesday. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT Philippines, Seaoil, and Shell said they will reduce gasoline prices by PHP0.45 per liter and PHP1.45 per liter for diesel. Caltex, Seaoil, and Shell will also cut kerosene prices by PHP1.70 per liter. Other oil companies are expected to follow suit. This is the second week that industry players slashed oil prices. With the price adjustments last week, petroleum had a net increase in prices for this year of PHP26.9...

PRICE ROLLBACK. Oil firms will cut for the third week in a row the prices of their products given the movement in the international market. Gasoline prices will be reduced by PHP5 per liter; diesel, PHP2 per liter; and kerosene, PHP0.70 per liter effective Tuesday (July 19, 2022). (PNA file photo) MANILA - Oil firms will implement another price rollback effective Tuesday. In separate advisories, Seaoil, Petro Gazz, PTT Philippines, and Petron said price of their gasoline products will be slashed off PHP5 per liter while price of diesel will be reduced by PHP2 per liter. The same amount will be...

File photo MANILA - After four straight weeks of big-time price hikes, oil companies will roll back petroleum prices starting Tuesday morning. In separate advisories, Caltex, Cleanfuel, Petro Gazz, PTT Philippines, Seaoil, and Shell announced they will cut diesel prices by PHP3 per liter. Caltex, Seaoil, and Shell will also reduce prices of kerosene by PHP3.40 per liter. There will be no adjustment in prices of gasoline this week. With the movement in prices last week, for this year alone, there were net increases of PHP29.25 per liter in gasoline prices, PHP44.80 per liter for diesel, and PHP...

File photo MANILA - Oil companies will implement another price increase effective Tuesday morning but increments will be lower than the previous weeks. In separate advisories, Caltex, Cleanfuel, PTT Philippines, Seaoil, and Shell announced they would increase diesel prices by PHP1.65 per liter and gasoline prices by PHP0.50 per liter. Caltex, Seaoil, and Shell will also add PHP0.10 per liter on kerosene prices. Other oil companies are expected to follow suit. The price increments this week will be the lowest compared to the oil price hikes in the past three weeks, which had a weekly increase o...

File photo MANILA - Another round of oil price hikes will be implemented starting Tuesday morning (June 21), with the highest increase in the cost of diesel, commonly used by public utility vehicles. In separate announcements, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT Philippines, Seaoil, and Shell said there will be an increment of PHP0.80 per liter on gasoline, and PHP3.10 per liter on diesel prices. Caltex, Seaoil, and Shell will also raise kerosene prices by PHP1.70 per liter. Since the start of the year, gasoline prices have had a net increase of PHP27.95 per liter, PHP40.05 per liter for...