
Oil price rollback set for Tuesday, February 13

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Oil price rollback set for Tuesday, February 13
by Christhel Cuazon12 February 2024
DZRH File Photo
Oil firms on Monday announced a rollback in pump prices following several weeks of increase.
In an advisory, Shell, Seaoil, and Cleanfuel said they will impemnet a downward adjustment in the prices per liter of gasoline by PHP 0.60, disel by PHP 0.10, and kerosene by PHP 0.40.
Petro Gazz will likewise implement the same changes, excluding kersonene which they do not carry..
The adjustments will take effect at 6 AM on Tuesday, February 13, for all the firms except for Cleanfuel, which will implement the changes at 12:01 AM on the same day.
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Other oil companies have yet to announce their price adjustments.
The latest adjustment comes after five straight weeks of increase for both gasoline and diesel, and two for kerosene.
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