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Oil companies announces price rollbacks

Photo Credits: neda.gov.ph

Oil companies have announced that they will implement a price rollback.

Petro Gazz Company, and Jetti Petroleum announced that they will cut down the price of their gasoline by Php 0.15 per liter, and the price of their diesel by Php 0.30 per liter on 6:00AM, Tuesday, Dec. 18.

Phoenix Petroleum and SeaOil Philippines have implemented similar price rollbacks on Saturday, Dec. 15. SeaOil also cut down the cost of their kerosene by Php 0.30 per liter.

Meanwhile, Shell Philippines, Metro Oil Philippines, and Total Philippines will lessen the price of their diesel by Php 0.15 per liter and the price of their diesel by Php 0.25 per liter starting 6:00AM, Tuesday.

Shell and Metro Oil will also cut down the price of their kerosene by Php 0.25 per liter.

PTT Philippines also announced that they will bring down the price of their gasoline by Php 0.10 per liter, and their diesel by Php 0.25 per liter. Jetti Philippines will also reduce the price of gasoline by Php 0.15 per liter, and their diesel by Php 0.30 per liter. Eastern Petroleum, meanwhile, will bring down the price of their gasoline by Php 0.15 per liter, and the price of their diesel by Php 0.35 per liter. The rollback of all three companies will take effect on Tuesday.

On Tuesday, Caltex Philippines will also decrease the cost of their diesel and kerosene by Php 0.25 per liter. The price of their gasoline will also go down by Php 0.10 per liter.

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