Phoenix Petroleum announces price rollback effective Nov. 24

Independent oil player Phoenix Petroleum Philippines announced it would slash the pump prices of its petroleum products effective Saturday, November 24.

In an advisory, Phoenix Petroleun said it would rollback the prices of gasoline by P1.10 per liter and diesel by P2.20 per liter.

The price adjustments will take effect 12 noon of November 24.

The oil company’s announcement came ahead of the usual price adjustments implemented by local petroleum firms every Tuesday of the week. — LDF, GMA News