Gasoline, diesel, kerosene rollback set Tuesday

Pump prices of petroleum products will be rolled back anew starting Tuesday, marking the fifth consecutive week of price cuts.

In separate advisories, Chevron Philippines Inc. (Caltex), Pilipinas Shell Petroleum Corp., and SEAOIL Philippines Inc. said they will reduce prices per liter of gasoline by P0.35, diesel by P0.70, and kerosene by P0.75.

Petro Gazz and Phoenix Petroleum Philippines Inc. will implement the same changes, excluding kerosene which they do not carry.

The changes will take effect 12:01 a.m. on Tuesday, April 7 for Caltex, and  6 a.m. the same day for all the rest of the firms.

According to the latest data available from the Department of Energy (DOE), year-to-date adjustments stand at a net decrease of P14.72 per liter for gasoline, P13.39 for diesel, and P18.20 for kerosene. — Jon Viktor D. Cabuenas/RSJ, GMA News