MANILA, Philippines —Pump prices of diesel will go down by P3.95 per liter starting Tuesday, Nov. 29, while those of kerosene and gasoline were slashed by P2.65 and P0.85 per liter, respectively.
Local oil firms on Monday announced the following price adjustments for fuel products to be implemented starting Nov. 29:
Shell (6 a.m.)
Gasoline: -P0.85 per liter
Diesel: -P3.95 per liter
Kerosene: -P2.65 per liter
Petrogazz (6 a.m.)
Gasoline: -P0.85 per liter
Diesel: -P3.95 per liter
Cleanfuel (12:01 a.m.)
Gasoline: -P0.85 per liter
Diesel: -P3.95 per liter
The price adjustments were based on the monitoring of the Mean of Platts Singapore (MOPS) from Nov. 21 to 24.
MOPS, the daily average of all trading transactions of petroleum products in the Singapore trading hub, serves as the benchmark used in Southeast Asia, including the Philippines, in pricing fuel products.
Big-time fuel price rollback seen on Tuesday
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