Metro Manila (CNN Philippines, March 20) — Pump prices will be lower beginning Tuesday, March 21, oil companies announced on Monday.
In separate advisories, Seaoil, Petro Gazz, PTT, Phoenix Petroleum, Caltex, Unioil, and Petron said the price of gasoline will decrease by ₱1.20 per liter, while diesel prices will drop ₱1.85 per liter.
Seaoil and Caltex also announced a ₱2 per liter cut in kerosene prices.
The price adjustments will be effective at 6 a.m. for Seaoil, PetroGazz, PTT, Phoenix Petroleum, Unioil, and Petron, and for Caltex at 12:01 a.m.
The Department of Energy’s oil monitoring showed as of March 14, year-to-date net decrease for diesel was at ₱1 per liter and kerosene at ₱1.65 per liter.
Gasoline prices, meanwhile, had a net increase of ₱6.70 per liter.
