Gasoline, diesel, kerosene prices down Tuesday

Pump prices of petroleum products will be rolled back anew this week, marking the second consecutive week of reductions for both diesel and kerosene.

Pilipinas Shell Petroleum Corp. will roll back prices per liter of gasoline by P0.80, diesel by P0.85, and kerosene by P0.70.

Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.

The changes will take effect at 6:00 a.m. on Tuesday, November 3, 2020 for all the firms except for Cleanfuel which will implement the adjustments at 8:01 a.m. on the same day.

Other firms have yet to make similar announcements for the week.

Latest data available from the Department of Energy shows that year-to-date adjustments stand at a net decrease of P4.67 per liter for gasoline, P10.26 per liter for diesel, and P13.59 per liter for kerosene as of October 27, 2020. —KG, GMA News