Fuel Source: PNA

ANOTHER OIL PRICE ROLLBACK

May 6, 2024 Edd Reyes 122 views

BIG ang small oil companies will implement price rollbacks today.

Chevron Philippines, Petron Corporation and Pilipinas Shell will slash P0.75 per liter on premium and unleaded gasoline, P0.90 per liter on diesel and P1.05 per liter on kerosene effective 6:01 a.m.

Seaoil Philippines and Flying V will cut the same amount while PTT Philippines, Petro Gazz, Total Philippines, Phoenix Petroleum, Unioil Philippines and Eastern Petroleum, which do not sell kerosene, will implement the same price adjustments at 6:01 and Clean Fuel at P12:01 a.m.

PTT Philippines Media Relation Officer Jay Julian said domestic pump prices continue to fall as a result of the retaining interest of the US Federal Reserve, the possible ceasefire that will be implemented in Gaza, and the increase of fuel supply in the United States.

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