Oil companies announce price rollback

MANILA – Several oil companies will cut prices of their products effective 6 a.m. today.

In their respective advisories, PTT Philippines and Petro Gazz said diesel prices will be slashed off P1.10 per liter and gasoline by P0.50 per liter.

Seaoil, meanwhile, implemented a price rollback effective 6 a.m. Sunday, August 11. It reduced gasoline price by P0.50 per liter, diesel by P1.10 per liter and kerosene by P1.30 per liter.

These changes are in line with developments overseas. (PNA)

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