ILOILO – Petron Corporation announced second week of rollback on its fuel prices in an advisory posted by Petron Mali-ao, Pavia Monday.
All price adjustments are VAT (value added tax)-inclusive and effective Tuesday 6 a.m.
Gasoline decreased by P0.80 per liter, diesel by P1.15 per liter and kerosene by P1.00 per liter.
Saudi Arabia’s oil production bounced back much faster than what was expected after the drone attacks on the oil facilities last Sept. 14, pushing oil prices down this week.
Last week’s gasoline fall by P1.45 per liter, kerosene by P1.00 per liter and diesel by P0.60 per liter./PN
