Oil companies announce a decrease of P2.45 per liter for diesel, P3.05 for gasoline, and P3 for kerosene
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A gasoline attendant fills up a passengers jeepney with fuel at a gas station in Commonwealth Ave in Quezon City on Sunday, November 4, 2018. Oil firms earlier in the day hike prices of diesel by P1.00 per liter and gasoline by P1.10 per liter. Photo by Darren Langit/Rappler MANILA, Philippines – Pump prices of petroleum products are set to decrease on Tuesday, October 10, as the global market anticipates a slump in demand.
In separate advisories on Monday, October 9, Seaoil, Petro Gazz, and Cleanfuel announced a decrease of P2.45 per liter for diesel and P3.05 for gasoline.While the big-time oil price rollback would benefit consumers, figures from the Department of Energy showed a year-to-date double-digit net increase in petroleum products. Since the start of the year, gasoline prices increased by a total of P15.30 per liter, diesel by P13.80, and kerosene by P8.94..
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