Another oil price cut expected this week

Aileen Cerrudo

Several oil companies will implement another oil price cut this week.

Seaoil already implemented their price reduction on Monday (February 10) at 6:00 a.m. Gasoline prices went down by P0.30 per liter, diesel by P0.60 per liter and kerosene prices by P1.40 per liter.

Shell will implement similar price reduction effective on Tuesday (February 11) at 6:00 a.m. Petro Gazz will also implement a P0.30/L rollback on gasoline and P0.60/L rollback on diesel which will also be effective on Tuesday.

Meanwhile, Cleanfuel and Phoenix Petroleum already had their oil price reduction implemented last Sunday (February 9) and Saturday (February 8), respectively. Their gasoline prices were also down by P0.30 per liter while diesel prices were down by P0.60 per liter.

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