Another big-time oil price rollback 

March 23, 2020

ANOTHER round of big-time price rollback on petroleum products will be implemented by local oil firms effective 6 a.m tomorrow.

Pilipinas Shell, Petron Corporation and Chevron Philippines in their separate advisories said they will cut prices of gasoline and kerosene by P3.50 and P2 for diesel products.

PTT Communications officer Jhay Julian said they will implement the same price adjustments along with Seaoil, Unioil and Total Philippines.

Energy sources said the four consecutive weeks of price rollbacks on petroleum products was due to the shrinking demand of oil in the international market.