Petron to roll back LPG products prices

At least one oil company is rolling back the price of its liquefied petroleum gas (LPG) products effective 12:01 a.m. March 1. Petron, in posts on its Twitter account Thursday, said the price rollback applies to LPG cooking gas and Auto-LPG for vehicles. "Petron will roll back the prices of Gasul and Fiesta Gas by P0.60/KG effective 12:01 a.m., March 1," it said. The 60-centavo-per-kilo rollback translates to a drop of P6.60 per 11-kg LPG tank. In a separate advisory, Petron said it will also decrease the prices of its Auto LPG (Xtend) by 37 centavos per liter. A separate report on dzBB radio said the price rollback reflects changes in the world market. — DVM, GMA News