P.085/liter slashes on gasoline prices, P3.95 on diesel Tuesday

ANOTHER round of price rollback of petroleum products will be implemented on Tuesday, said oil firms on Monday.

Pilipinas Shell Petroleum Corp, in an advisory, said it will cut down prices per liter of gasoline by P0.85, diesel by P3.95, and kerosene by P2.95.

Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.

The changes will take effect at 6 a.m. on Tuesday, November 29, for all the firms except for Cleanfuel which will adjust prices at 12:01 a.m. the same day.

Other firms have yet to make similar announcements for the week.

The latest adjustments mark the second straight week of rollbacks for gasoline, and the sixth for both diesel and kerosene.

Latest data available from the Department of Energy (DOE) show that year-to-date total adjustments stood at a net increase of P17.75 per liter for gasoline, P33.85 per liter for diesel, and P27.85 per liter for kerosene as of November 22, 2022.

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