Petron, Phoenix announce P3.50-per-kilo rollback in price of LPG

A substantial reduction in the prices of liquefied petroleum gas (LPG) products is in store for consumers as firms announced lower rates effective March 1, 2023.

In advisories released on Monday, Petron and Phoenix Petroleum Philippines said they would cut LPG prices by P3.50 per kilogram starting Wednesday.

Auto LPG prices will likewise be reduced by P1.95 per liter.

Solane said prices of its LPG products would be cut by P3.45 per kilogram effective March at 6 a.m.

Petron said the price adjustments reflected "the international contract price of LPG for the month of March”. —Sundy Locus/NB, GMA Integrated News