Oil firms roll back prices of gasoline, diesel anew

INQUIRER.net photo

MANILA, Philippines — Pump prices of gasoline went down on Tuesday for the fourth week in a row, this time by 85 centavos per liter, bringing the total reduction to P3.10 per liter.

Diesel prices went down for the second week straight at P1.20 per liter, while those of kerosene also decreased for the fourth time at P1.30 per liter.

Caltex adjusted prices at midnight, followed by Petron, Shell, Seaoil, Total and PTT at 6 a.m.

The Asian bellwether Dubai crude oil was pegged at $81.11 per barrel as of Nov. 18, easing from $81.67 per barrel a week earlier.

—RONNEL W. DOMINGO