Phoenix to cut gasoline prices early Tuesday

MANILA, Philippines–Phoenix Petroleum Philippines on Monday announced that it will reduce the prices of premium and unleaded gasoline by P0.90 per liter, regular gasoline by P0.40 per liter and diesel by P0.35 per liter effective 6 a.m. on Tuesday, Oct. 23.

“This is to reflect the softening in the prices of refined petroleum products in the international market,” the company announced Monday.