PH firms to drop pump prices for 2nd straight week this Apr.
Retail prices to go down as much as P24.94/L
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).
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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