OIL companies will lower the prices of gasoline this week by P0.90 per liter but the cost of diesel and kerosene will go up by P0.60 per liter and P0.80 per liter, respectively.
The announcement was made by Shell, Seaoil, Cleanfuel, and PetroGazz Monday.
The price adjustments will take effect on Tuesday, June 4, 2024.
Last week, oil companies raised the prices of gasoline and diesel by P0.40 per liter, and kerosene by P0.30 per liter.
Cleanfuel will implement the same changes, excluding kerosene which it does not carry.
The adjustments will take effect at 6 a.m. on Tuesday, June 4, for all the firms, except for Cleanfuel which will implement the changes at 12:01 a.m. the same day.
metrosundaily
