MANILA, Philippines — Local pump prices of petroleum products will go down this week as announced by oil companies on Monday.
In separate advisories, Pilipinas Shell Petroleum Corporation, and Seaoil Philippines said they will slash the prices per liter of gasoline by P1.00, diesel by P0.35, and kerosene by P3.00.
Cleanfuel and Petro Gazz said they will also implement price decreases, except for kerosene.
The price adjustment will take effect on Tuesday, April 12.
This is the second consecutive week of oil price decreases.
Other oil firms have yet to make similar announcements for this week.
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