Oil firms roll back prices

EFFECTIVE at 6 a.m. today, major and independent oil firms will implement a price rollback of their petroleum products in slightly different amounts.

Pilipinas Shell, Chevron Philippines, PTT Philippines, Petro Gazz and Seaoil in their separate advisories said they will cut the prices of their gasoline and kerosene products by P0.40 centavos per liter while there will be no changes in diesel.

Petron Corporation meanwhile, along with Total Philippines, Flying V, and Phoenix Petroleum will implement a P0.30 centavos per liter rollback of gasoline and kerosene while diesel by P0.10 centavos per liter effective also at 6 a.m. today.