Oil firms roll back diesel, kerosene and gasoline prices

MANILA, Philippines, November 22 ------ Local oil firms are slashing the pump prices of diesel, kerosene and gasoline effective today.

Diesel prices will go down by P2.15 per liter while that of kerosene will be cut by P2.10 per liter. The price of gasoline is going down by P0.40 per liter. In separate advisories, local oil firms announced their respective price adjustment schedules as follow:

Shell

• Gasoline: -P0.40 per liter

• Kerosene: -P2.10 per liter

• Diesel: -P2.15 per liter

Cleanfuel

• Gasoline: -P0.40 per liter

• Diesel: -P2.15 per liter

Petrogazz

• Gasoline: -P0.40 per liter

• Diesel: -P2.15 per liter

Caltex

• Gasoline: -P0.40 per liter

• Kerosene: -P2.10 per liter

• Diesel: -P2.15 per liter

Seaoil

• Gasoline: -P0.40 per liter

• Kerosene: -P2.10 per liter

• Diesel: -P2.15 per liter

PTT Philippines

• Gasoline: -P0.40 per liter

• Diesel: -P2.15 per liter

Phoenix Petroleum

• Gasoline: -P0.40 per liter

• Diesel: -P2.15 per liter

Jetti Petroleum

• Gasoline: -P0.40 per liter

• Diesel: -P2.15 per liter

Local fuel prices are set based on the average Mean of Platts Singapore (MOPS). MOPS is the daily average price of refined petroleum products in Singapore trading. It is used for pricing petroleum products in Southeast Asia.

Source: inquirer.net