Seaoil Philippines cut prices of its oil products by 60 centavos a liter of premium gasoline and 25 centavos a liter of diesel today, Sunday. Meanwhile, Petron and Chevron will be rolling back prices on Monday, in response to the price decline of oil in the global market.
This good news, however, will not apply to kerosene prices which will increase by 20 centavos per liter starting today, for Seaoil, and on Monday for the other oil firms.
Last week's prices include diesel's faring between P43.85 a liter and P46.35 a liter, while gasoline prices were between P50.55 a liter and P58.41 a liter. As of September 4, compared to last year's, gasoline prices decline by P3.08 a liter, while diesel price adjustmed up by P1.97 per liter.