Oil firms roll back fuel prices

Motorists got some relief from rising fuel prices after some oil firms rolled back prices of their products early Sunday. The latest rollback reflected recent adjustments in world prices of oil, according to a report on dzBB rado. Oil firms Petron, Pilipinas Shell, Seaoil, Flying V and Eastern Petroleum reduced pump prices of premium, regular, diesel and kerosene, dzBB reported. Seaoil and Eastern rolled back prices of diesel by 90 centavos per liter; premium and unleaded by 15 centavos per liter; and kerosene 70 centavos per liter. Flying V cut prices of unleaded gasoline by 25 centavos per liter, regular gasoline by 40 centavos, and bio-diesel and kerosene by P1 per liter. Petron, Shell and Eastern cut prices of:

This was the second price rollback since Jan. 22, when oil firms rolled down prices of their products after successive weeks of fuel price hikes. — LBG, GMA News