Petroleum companies Pilipinas Shell, Chevron Philippines (formerly Caltex) and Seaoil Philippines reduced the prices of their gasoline and kerosene products by 25 centavos per liter.
The price adjustment reflects the movement in the international oil market, Seaoil said in its media advisory.
The roll back came after last week’s oil price 50-centavo per liter hike in diesel products and the 25-centavo per liter increase in gasoline products.
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