Another rollback in pump prices of petroleum products will take effect on Tuesday.
In an advisory, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. announced that they will reduce prices per liter of gasoline by PHP 0.75, diesel by PHP 0.65, and kerosene by PHP 0.60.
Cleanfuel will implement the same adjustments, excluding kerosene which it does not carry.
The changes will take effect at 6 AM on Tuesday, November 21, for all the firms except for Cleanfuel which will implement the adjustments at 12:01 AM the same day.
The Department of Energy's data on Nov. 14 showed the price adjustments have resulted in a year-to-date increase of PHP 13.05 per liter for gasoline, PHP 6.35 per liter for diesel, and PHP 1.69 per liter for kerosene.
