PH firms to drop pump prices for 2nd straight week this Apr.

Retail prices to go down as much as P24.94/L

PH firms to drop pump prices for 2nd straight week this Apr.

MANILA: Fuel companies in the Philippines are implementing massive rollbacks across the board this week — the second consecutive movement this April.

KEY TAKEAWAYS

  • What are the price adjustments this week?

    This week, oil companies will slash P24..94 per liter on diesel, P3.41 per liter on gasoline, and P2 per liter on kerosene.
  • When will the adjustments take effect?

    The movements will be effective starting tomorrow (April 20).
  • Based on their respective advisories, Pilipinas Shell and Petron will reduce the retail price of their products at the pump by as much as P24.94 per liter. Check out their price cuts below:

    Product

    Price adjustment

    Diesel

    P24.94 per liter

    Gasoline

    P3.41 per liter

    Kerosene

    P2 per liter

    The movements in retail prices will take effect tomorrow (April 21).

    Fuel-pump Photo by Ruben Manahan IV

    Such movements will be implemented after President Ferdinand Marcos Jr. announced last Sunday the reductions in the aforementioned products at the pump.

    Other stories:

    Over the weekend, the Strait of Hormuz was closed to commercial vessels anew. This was made after the two countries implemented a two-week ceasefire that will expire on April 22.

    Last week, the following firms implemented the following adjustments:

    Company

    Diesel

    Gasoline

    Kerosene

    Shell

    P23 per liter

    P6.50 per liter

    P11.50 per liter

    Petron

    P20.89 per liter

    P4.43 per liter

    P8.50 per liter

    Unioil

    P20.90 per liter

    P4.50 per liter

     

    Also read:

    Petronas denies involvement in PH LGU fuel supply deal

    PH now under ‘state of national energy emergency’, PBBM declares

    Grab, Move It partners to get ‘immediate support’ for fuel price surge

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    Ruben Manahan IV

    Ruben Manahan IV

    Started his journalism stint as a cub reporter for a local daily. A certified news junkie, Fort had the chance to cover various beats—ranging from politics to lifestyle. However, his heart now belongs to motoring.

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