The oil firms cut the price of gasoline by P5 per liter, diesel by P2 per liter, and kerosene by P0.70 per liter, giving consumers another week of reprieve from high oil prices.
PTT Philippines, Chevron Philippines, Seaoil Philippines, PetroGazz, Cleanfuel, Unioil Petroleum Philippines, and Flying V also announced price cuts. “Continuing China lockdown and interest hike possible, another round of hike increase in the US,” he said. These resulted in the year-to-date adjustments at a net increase of P24.30 per liter for gasoline, P36.80 per liter for diesel, and P30.05 per liter for kerosene.
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