MOTORISTS will be greeted with cheaper prices of petroleum products today, marking the fourth straight week of decreases in all gasoline, diesel and kerosene prices.
In separate advisories, Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will cut down prices per liter of gasoline by P1.70, diesel by P3.40, and kerosene by P4.40.
Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.
The changes will take effect at 6 a.m. today for all the firms except for Cleanfuel which will adjust prices at 8:01 a.m. the same day.
Latest data available from the Department of Energy show that year-to-date adjustments stood at a net increase of P17.75 per liter for gasoline, P33.85 per liter for diesel, and P27.85 per liter for kerosene as of November 22, 2022. (GMA Integrated News)