(Eagle News) — Good news for consumers.
On the first day of December, expect huge price rollback for prices of Liquefied Petroleum Gas.
Petron has announced that it will rollback Gasul and Fiesta Gas prices by as much as P70 per 11-kilogram cylinder tank, or a decrease of P6.40 per kilogram effective 12:01 a.m. December 1.
Auto LPG prices will likewise be slashed by P3.50 per liter after midnight later tonight.
Other LPG players like Eastern EC Gas had earlier announced that they will have a minimum of P55/11 kg cylinder rollback in its LPG prices, or P5 per kilogram slash in prices effective December 1.
Other LPG firms are expected to follow suit.
The move follows seven consecutive weeks of price rollback in other petroleum products such as gasoline, diesel and kerosene.
These products are also expected to announce another round of price rollback next week.