Oil companies on Monday, May 13 announced the downward adjustments on the pump prices of fuel products, marking the third straight week of rollback for both diesel and kerosene.

In separate advisories, Shell, Seaoil, and Caltex said they will implement a cut-off on the per liter prices of gasoline by PHP 2.00, diesel by PHP 0.50, and kerosene by PHP 0.85.

Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.

The changes will take effect at 6 AM on Tuesday, May 14, for all the firms except for Cleanfuel which will adjust prices at 12:01 AM the same day.