Oil price cut set on March 12
MANILA, Philippines — Oil firms will implement a markdown in oil prices in the second week of March.
In separate advisories, CleanFuel, PetroGaz, SeaOil and Shell announced the following adjustments in fuel prices scheduled for Tuesday:
Last week, oil companies implemented mixed adjustments in pump prices. Diesel prices went down by P0.40 per liter and gasoline prices hiked by P0.50 per liter.
Kerosene prices saw a decrease of P0.35 per liter last week.
SeaOil, PetroGazz and Shell 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.