Oil Firms Roll Back Gas by P5, Diesel by P2

Posted by Wayne | Friday, November 28, 2008


The “Big 3” oil companies reduced their gasoline and diesel prices by P5 and P2 per liter, respectively, in their biggest cuts yet since world oil prices started falling.

Petron Corp., Pilipinas Shell Petroleum Corp. and Chevron Philippines (formerly Caltex) cut their prices effective today after small oil players implemented a rollback of up to P6 per liter earlier this week.

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