Metro Manila (CNN Philippines, September 25) — Oil firms are set to implement a minimal rollback on fuel products starting Tuesday.
Petro Gazz and Seaoil announced on Monday the oil adjustment decrease of ₱0.20 per liter for gasoline and diesel and ₱0.50 for kerosene.
This comes after 11 consecutive weeks of fuel price hikes.
On Sept 18, the Department of Energy said that the price adjustment resulted in a year-to-date net increase of ₱17.50/liter for gasoline, ₱13.60/liter diesel, and ₱9.94/liter for kerosene.