Petroleum prices set to go down today

MANILA – Pump prices of petroleum products will be rolled back starting today, Tuesday, the second consecutive weekly decrease to be carried out by oil companies.

In an advisory, Pilipinas Shell Petroleum Corp. is lowering the price per liter of diesel by P0.60, gasoline by P0.55, and kerosene by P0.60, the company said in an advisory on Monday.

The changes will take effect at 6:00 a.m. today, June 12.

Other oil companies have yet to announce any price adjustment for the week.

According to the Department of Energy (DOE), the price per liter of diesel in the country currently range from P41.40 to P47.78, gasoline from P50.85 to P60.85, and kerosene from P47.26 to P57.01. (ABS-CBN News)

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