Petron, Solane roll back LPG prices on July 1

Consumers were greeted with lower liquefied petroleum gas (LPG) prices on July 1 as oil companies implemented a price rollback.

In an advisory, Petron Corp. earlier said it would have rolled back Gasul and Fiesta Gas prices by P1.65 per kilogram at 12:01 a.m. Saturday.

Likewise, the price of the company's Xtend AutoLPG decreased by P0.92 per liter.

Petron said the rollback in LPG prices reflected the the international contract prices of LPG for the month of July.

Also, Solane advised its customers that it was reducing the price of its Solane-branded LPG by P1.65 per kilogram inclusive of Value Added Tax that took effect 6 a.m. — Ted Cordero/MDM, GMA News