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More oil firms roll back fuel prices


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Following rollbacks implemented by smaller players in the oil industry, more oil firms slashed prices of their products Sunday, 
 
At 12:01 a.m. Sunday, Petron, Shell and Chevron slashed prices of their fuel products, radio dzBB reported.
 
The dzBB report said the price rollbacks included:
 
  • P1.35 per liter for kerosene
  • P1.20 per liter for premium and unleaded gas
  • P1.15 per liter for diesel
  • 95 centavos per liter for regular gas
 
Meanwhile, another oil firm - Phoenix Petroleum - is to slash prices later Sunday morning, Radyo Mo Nationwide reported.
 
The RMN report said Phoenix's price cuts include 
 
  • P1.20 per liter for premium gas
  • P1.15 per liter for diesel
  • 95 centavos per liter for regular gas
 
Earlier, smaller industry players Flying V and Seaoil  implemented their own price cuts.  — ELR, GMA News