Oil firms to implement mixed price adjustments

May 23, 2022 Edd Reyes 298 views

INDEPENDENT oil firms are set to implement mixed price adjustments on their petroleum products effective Tuesday.

PTT Philippines, Petro Gazz, Unioil Philippines, Total Philippines, Phoenix Petroleum and Jetti Oil bared that effective 6 a.m. Tuesday, they would reduce their respective pump prices of diesel products by P2.30 per liter but will impose a hefty price in gasoline by P3.95 per liter.

Major oil companies Pilipinas Shell and Petron Corporation also announced an increase in gasoline price by P3.95 per liter and rollback of prices on diesel by P2.30 per liter and kerosene by P2.45 per liter effective 6 a.m. Tuesday.

Chevron Philippines, another major oil firm announced the same price adjustments which will take effect at 12:01 a.m. By Edd Reyes