2 oil firms to roll back fuel prices Tuesday

At least two oil companies have announced oil price rollbacks effective Tuesday morning, a television report said Monday.

 

A News TV Live report said Shell is slashing its price for gasoline and diesel by P0.45 per liter, starting 12:01 a.m. Tuesday.

 

It will also roll back the price of kerosene by P1 per liter.

 

Meanwhile, Phoenix Petroleum Philippines will also lower prices for gasoline and diesel by P0.45 per liter, beginning 6 a.m. Tuesday.

As of posting time, other oil firms have yet to make similar announcements. — Rose-An Jessica Dioquino/RSJ, GMA News