Oil Price rollback from Shell, Petron, Caltex, other firms takes effect today
October 30th, 2008
mukamo
Local oil firms have implemented a bigger rollback of 4 to 6 pesos per liter for diesel and kerosene products and 2 to 2.50 pesos rollback per liter for gasoline on Thursday given the decline in world oil prices.
Unioil implemented price cuts ranging from 2.50 pesos per liter for gasoline and 6.00 pesos per liter for diesel.
Pilipinas Shell, Petron, Chevron Philippines (formerly Caltex), independent oil company PTT, Eastern Petroleum, and Total slashed 5.00 pesos per liter on diesel products and 2.00 pesos per liter on gasoline and kerosene.
Independent oil player Seaoil on Wednesday announced a 2.00 pesos per liter price cut on its diesel, gasoline and kerosene products.
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