Oil firms to slash pump prices Tuesday

MANILA — Local oil firms announced a reduction in pump prices effective 6 a.m. Tuesday (July 24).

In separate announcements, Petron, Flying V, Jetti Petroleum, Uniol, Caltex, PTT Philippines, and Phoenix Petroleum said they will implement price rollbacks of PHP1 per liter for diesel, and PHP0.70 per liter for unleaded gasoline.

Petron, Flying V and Caltex will also implement a PHP1.25-per-liter price reduction for kerosene.

Meanwhile, Petrogazz beat competitors to the punch with a PHP1-per-liter reduction for biodiesel and PHP0.70 for unleaded gasoline effective 6 a.m. Monday.

Eastern Petroleum was also an early bird with an PHP0.80-per-liter rollback in the price of gasoline, and PHP1-per-liter rollback in the price of diesel effective 12 noon Monday.

Last week, pump prices went up by PHP0.30 per liter for gasoline, went down by PHP0.15 per liter for diesel, and no price adjustment for kerosene after its price went up by PHP0.70 per liter the previous week.

The oil firms said price adjustments reflect the movements in the international petroleum market, which they are simply passing on to the consuming public. (Ma. Cristina Arayata /PNA)

Popular

Taal Lake site assessment yields sack containing ‘bones’ — DOJ

By Brian Campued The Department of Justice (DOJ) confirmed that authorities retrieved a sack containing burned remains believed to be human bones during the initial...

LTO integrates online driver’s license renewal system in eGovPH app

By Dean Aubrey Caratiquet The Land Transportation Office (LTO) has integrated the online driver’s license renewal in the eGovPH app, which ensures a fast and...

5 of 21 Filipinos in Houthi-hit ship in Red Sea rescued — DFA

By Joyce Ann L. Rocamora and Marita Moaje | Philippine News Agency Five of the 21 Filipino seafarers manning the cargo vessel Eternity C, which...

PBBM directs gov’t officials: Focus on work, avoid politicking

By Dean Aubrey Caratiquet At the Malacañang press briefing this Wednesday, July 9, Presidential Communications Office (PCO) Undersecretary and Palace Press officer Claire Castro reiterated...