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Oil firms announce rollback in LPG price effective June 1
Oil firms announce rollback in LPG price effective June 1
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Oil firms announce rollback in LPG price effective June 1
by Ellicia Del Mundo01 June 2023
Photo courtesy: REUTERS

Good news for consumers this June, several oil companies have announced big-time price rollback on the prices of their liquefied petroleum gas (LPG) products.

In separate advisories, Petron Corporation, Phoenix, and Caltex announced that they will implement a rollback of ₱6.20 per kilogram, effective Thursday, June 1.

With this price adjustment, the price of regular 11-kilogram LPG tank costs ₱68.20.

Solane also said that there will be a decrease of ₱6.18 in its LPG, effective on June 1.

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Meanwhile, Regasco will have ₱5 per kilogram rollback in its LPG prices.

In a media interview, Regasco President Arnel said that the reduction in their LPG products was supposed to be higher.

"Pero dahil nga sa paggalaw ng dollars. Umangat ng piso, comparative to last month and also the shipping cost for the month of June ay umangat din ng 15 dollars. So, nagkaroon ng impact iyan, nabawasan ng onti 'yung rollback natin," he added.

Apart from this, Petron and Phoenix will likewise implement a decrease in their Auto LPG prices with ₱3.47 per liter.

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