Several oil firms on Monday, April 29, announced price rollback for fuel products.
According to SEAOIL's latest price adjustment advisory, the prices of gasoline will go down by ₱0.25 per liter.
Diesel prices will decline by ₱0.45 per liter and kerosene will be reduced by ₱0.90.
Petro Gazz and Cleanfuel, meanwhile, will cut the prices of their gasoline and diesel products by ₱0.25 per liter and ₱0.45, respectively.
SHELL Pilipinas will also implement the same adjustments — gasoline by ₱0.25 per liter, kerosene by ₱0.90, and diesel by ₱0.45 per liter.
In an advisory, Jetti Petroleum Inc. announced that their diesel will go down by ₱0.45 per liter, accel rate by ₱0.25 per liter, and jx premium by ₱0.25 per liter.
The oil price rollback will take effect tomorrow, April 30.
Based on the Department of Energy’s latest monitoring, price adjustment last week resulted in a year-to-date net increase of ₱10.25 for gasoline, ₱6.05 for diesel, and ₱1.15 for kerosene.