Gasoline, diesel, kerosene prices down Tuesday

Pump prices of petroleum products will be rolled back this week, following several rounds of increases implemented by oil firms.

In separate advisories, Chevron Philippines Inc. (Caltex), Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will lower prices per liter of gasoline by P0.75, diesel by P2.80, and kerosene by P2.10.

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

The changes will take effect at 6 a.m. on Tuesday, January 10, for all the firms except for Cleanfuel, which will adjust prices at 8:01 a.m., and Caltex at 12:01 a.m. the same day.

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

Oil firms last week hiked prices per liter of gasoline by P2.90, diesel by P2.10, and kerosene by P3.05. —Jon Viktor D. Cabuenas/KBK, GMA Integrated News