Fuel price rollback set in 2nd week of May

MANILA, Philippines — Oil firms are set to implement a rollback in pump prices on Tuesday, May 14. 

In separate advisories, CleanFuel, SeaOil, Caltex, PetroGazz and Shell announced the following price adjustments scheduled for Tuesday:

Last week, oil companies also slashed pump prices. Diesel prices were cut by P0.90 per liter while gasoline prices increased by P0.75 per liter.

Kerosene prices also saw a decrease of P1.05 per liter last week.

Caltex, SeaOil, PetroGazz and Shell oil price adjustments will take effect at 6 a.m. on Tuesday, while price adjustments for CleanFuel will be implemented at 4:01 p.m. on the same day.

Other oil firms have yet to announce their price adjustments.