Gasoline, kerosene prices down Tuesday

Pump prices of petroleum products will be rolled back starting Tuesday, following last week's hike.

In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will lower prices per liter of gasoline by P0.25, and kerosene by P0.10, while keeping diesel prices unchanged.

Cleanfuel, Petro Gazz, Phoenix Petroleum Philippines Inc., PTT Philippines Corp., and Unioil Petroleum Philippines Inc. will implement the same changes, excluding kerosene which it does not carry.

The changes will take effect 6 a.m. on Tuesday, April 13, 2021 for all the firms except for Cleanfuel which will adjust prices at 8:01 a.m. and Caltex at 12:01 a.m. the same day.

The latest data available from the Department of Energy (DOE) shows that year-to-date adjustments stand at a total net increase of P6.80 per liter for gasoline, P4.65 per liter for diesel, and P3.55 per liter for kerosene as of April 6, 2021. — Jon Viktor D. Cabuenas/RSJ, GMA News