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Oil firms to implement price rollback on Tuesday
Oil firms to implement price rollback on Tuesday
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Oil firms to implement price rollback on Tuesday
by Ellicia Del Mundo29 April 2024
DZRH file photo

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.

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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.

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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.

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