Big-time oil price cut set Tuesday

FUEL ROLLBACK. A gasoline attendant fills up the fuel tank of a jeepney along Emilio Aguinaldo Highway, in Barangay Salitran 1, Dasmarinas City, Cavite on Tuesday (Sept. 20,2022). Some oil companies have rolled back prices of diesel by PHP4.15 per liter and kerosene by PHP4.45 per liter. (PNA photo by Gil Calinga)

Oil companies have announced a big-time price adjustment on petroleum products beginning Tuesday, March 21.

Shell, Seaoil, and Caltex will have a price reduction of P1.20 per liter of gasoline, while P2.00 per liter of kerosene, and P1.85 per liter of diesel.

Clean Fuel and Petro Gazz will have the same oil price rollback on gasoline and diesel.

The Department of Energy attributed the rollback to the economic uncertainty and the weakness of the financial market in the United States and Europe. KC/Report from Naomi Tiburcio – gb

Popular

Malacañang champions responsible usage of AI, warns vs disinformation ahead of SONA

By Dean Aubrey Caratiquet Rapid technological advancements, especially in the field of artificial intelligence (AI), have served as the breeding ground for new threats that...

PBBM assures safe, timely repatriation of Filipinos amid Israel-Iran conflict

By Brian Campued President Ferdinand R. Marcos Jr. has directed all concerned government agencies to safely repatriate overseas Filipino workers (OFWs) from Israel and Iran...

PBBM brings Starlink internet kits, school supplies in Marawi

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. led efforts to enhance access to digital education and basic learning needs...

PBBM returns from ‘productive’ visit to Japan; brings home new investments, job opportunities for Filipinos

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. has concluded his four-day working trip to Osaka, Japan, which he touted as ‘productive’, as he...