Oil firms are slashing off 25 centavos per liter from gasoline, diesel and kerosene prices in line with the decline of fuel prices in the world market.
Chevron Philippines (formerly Caltex) will implement its 25-centavo rollback by 12:01 a.m. on September 15.
Petron Corp. will reduce its fuel prices by the same amount at 6 a.m. of the same day.
Other oil companies have yet to announce their respective rollback plans but this may be expected as they normally have a similar behavior when it comes to fuel pricing.