Pump prices of oil products slightly lower

MANILA, Philippines — Local oil companies reduced pump prices of diesel by 30 centavos per liter and of gasoline by 25 centavos per liter as the global economy continued to reel from the impact of the new coronavirus pandemic.

Shell, Seaoil, Cleanfuel, Total and PTT announce the price cuts effective 6 a.m. on Tuesday.

Shell and Seaoil also reduced pump prices of kerosene by 15 centavos per liter. The Asian bellwether Dubai crude was at $43.28 per barrel as of July 30, barely changed from $43.30 last July 23.

—Ronnel W. Domingo