Prices of gasoline, kerosene dip

Pump prices of gasoline and kerosene went down while diesel prices were unchanged, shuffling a trend seen during the past two weeks.

Prices of gasoline were unchanged for the past fortnight, while that of diesel went down last week.

Kerosene prices are going down for the second week in a row.

Oil firms adjusted prices as early as midnight on Tuesday, with that of gasoline down by 25 centavos per liter.

As of press time, companies that announced price changes included Pilipinas Shell Petroleum Corp., Eastern Petroleum, Flying V, Seaoil Philippines, and PTT Philippines.

Shell, Flying V, and Seaoil likewise reduced prices of kerosene by 15 centavos per liter. —Ronnel W. Domingo

Read more...