Oil firms cut fuel prices by up to P1.50 per liter

MANILA -Another round of fuel price rollback will greet motorists on the second day of the month after local oil firms announced they would cut the pump prices of gasoline, diesel and kerosene by as much as P1.50 per liter. The price of cooking gas, however, will increase by up to 85 centavos per kilogram. In separate advisories, oil firms said the prices of gasoline would be slashed by P1.50 per liter, diesel by P1.30 per liter and kerosene by P1.40 per liter effective tomorrow, May 2. CleanFuel and Caltex will implement the price adjustments at 12:01 a.m., followed by Seaoil, Petro Gazz, Jetti Petroleum and Phoenix Petroleum at 6 a.m. on Tuesday. This marks the second week ...Keep on reading: Oil firms cut fuel prices by up to P1.50 per liter

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