Flying V to roll back prices of petroleum products Thursday

MANILA, Philippines - Independent oil firm Flying V on Wednesday announced that it will roll back the pump prices of all its petroleum products starting Thursday, a GMA News report said. The report quoted Flying V president Ramon Villavicencio as saying that as of the moment, they can not state how much the roll back will be. He also said that because of the downward trend of oil prices in the world market, they might conduct P3- to P5/liter rollback on their diesel or gasoline products possibly in September. - Aie Balagtas See, GMANews.TV