Tag: oil price rollback

Big oil companies rolling back prices on petroleum

The Shell will implement its rollback on petroleum product around 12:01 am on Tuesday (April 7). The price roll back on Shell were P0.65 centavos for every liter of gasoline, P0.15 centavos for every liter of diesel, and the price reduction on kerosene is P0.20 centavos. The Phoenix Petroleum Philippines’ is making similar adjustments on its oil price products effective 6:00 am Tuesday.

3rd fuel price cut takes effect this year

(Eagle News Service) — Fuel price cuts were again implemented on Monday, January 19, 2015, which is the third time that price rollbacks occurred this year. The following price rollbacks were effective January 19: P1.25 per liter for gasoline; P1.45 per liter for diesel; and P1.25 per liter for kerosene. This fuel price cut happened a week after a P1.70 per liter cut in gasoline, P1.60 per liter in kerosene, and a P1.50 per liter  in diesel […]

Oil firms to roll back fuel prices effective 12 a.m. Tuesday (May 13)

MANILA, Philippines — Various oil firms are set to roll back fuel prices effective 12:01 a.m. Tuesday (May 13, 2014). The oil firms said they would cut gasoline prices by P0.85 centavos per liter.  Prices of diesel and kerosene will also be cut by P0.55 centavos per liter. The oil firms that will implement the price rollback are the following:  Shell Philippines, Phoenix Petroleum Philippines, Seaoil Philippines, Chevron, Petron Corporation and Total Corporation.

Various oil firms announce price rollback

MANILA, Philippines — Various oil companies announced Monday (February 10) that they will rollback their petroleum prices effective 12:01 a.m. Tuesday (February 11). Shell, Petron, Seaoil and Phoenix petroleum all said that it would slash their prices in view of the movements in the international petroleum market. The reduction in prices will be 50 centavos per liter for gasoline, 25 centavos per liter for kerosene, and 20 centavos per liter for diesel.