30 centavos price cut for gasoline, diesel before 2024 ends
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MANILA, Philippines — Fuel companies will implement a small rollback before 2024 ends — down by 30 centavos per liter prices of gasoline and diesel fuel and 90 centavos per liter of kerosene.
In an advisory, Petron Corp. said it would implement the rollback effective 6:00 a.m. on Tuesday, December 31,, to reflect movements in the world market.
“ADVISORY: Petron will implement the following price rollbacks effective 6 am, 31 Dec: Php 0.30/li for gasoline; Php 0.30/li for diesel and Php 0.90/li for kerosene. These reflect movements in the international oil market. Thank you,” Petron said on its social media pages.
READ: Fossil fuel extraction in PH rises by 13.7% in 2023 – PSA
Other major oil companies in the country like Shell Pilipinas and Caltex Philippines, along with independent players like Unioil, Cleanfuel, Flying V, Seaoil, and Petro Gazz will implement the same movements:
Article continues after this advertisement“Cleanfuel will implement price adjustment, effective Tuesday, December 31, 2024 at 8:01AM. Diesel – 0.30/L (Rollback) Gasoline – 0.30/L (Rollback),” it said on its Facebook page.
“Unioil will implement the following price changes (VAT inclusive), EFFECTIVE 6:00AM DECEMBER 31, 2024. This is to reflect the changes in the international oil market. DIESEL – P0.30 GASOLINE – P0.30. There will be a rollback for both Diesel and Gasoline,” the firm said on its Facebook page.
“FLYING V will implement Price Movement for the following products on December 31, 2024, Tuesday at 6:00 AM: Biodiesel P0.30/li rollback, Gasoline P0.30/li rollback, Kerosene P0.90/li rollback,” the firm said on its Facebook page.
