Petron to roll back pump prices on Wednesday

Oil company Petron Corporation said Tuesday it will be implementing a 50-centavo rollback on the prices of all their pump products on Wednesday. In an interview, Raffy Ledesma, Petron strategic communication manager, said the rollback on the prices of gasoline, diesel and kerosene will be effective 12:01 a.m. Wednesday. As of posting time, there were no announcements from the other oil firms if they will be also reducing prices of their pump products. - Amita Legaspi, GMANews.TV