Oil firms cut pump prices anew

Oil companies announced on Monday another significant cut in their pump prices.

Pilipinas Shell, Cleanfuel and PetroGazz said they will lower gasoline prices by P5 per liter and diesel prices by P2 per liter. The cost of kerosene will go down by 70 centavos per liter.

The price adjustment will take effect on Tuesday, July 19, 2022.

Last week, oil companies lowered the price of gasoline by P5.70 per liter, diesel by P6.10 per liter and kerosene by P6.30 per liter.

Source: TheManila Times