Petron, Chevron to roll back prices on Monday

Motorists and commuters may get some added relief from at least two more oil companies as they roll back prices of their products effective Holy Monday. Petron, in a post on its Twitter account on Sunday, announced another round of price rollbacks effective 12:01 a.m. Monday. "This reflects movements in the international oil market," it said. Products covered by the rollback include: - P0.25 per liter for premium gas - P0.55 per liter for diesel - P0.70 per liter for kerosene Monitoring group Petroleum Price Watch said Chevron is also rolling back prices effective 12:01 a.m. Monday as well. Flying V rolled back prices of its products effective 12:01 a.m. Sunday, cutting prices of premium, unleaded and regular gas by P0.25 per liter and diesel at P0.55 per liter. — BM, GMA News