Oil price watch: Fuel prices down by as much as P23/liter this week

MANILA, Philippines — After weeks of sharp price increases, local fuel retailers are set to implement downward adjustments in pump prices, with one of them cutting prices by as much as P23 per liter. In an advisory on Monday, Shell Pilipinas said diesel prices would drop by P23 per liter on Tuesday, April 14. Gasoline and kerosene prices will also decrease by P6.50 and P11.50 a liter, respectively. Other oil firms have yet to issue their official price movements. Department of Energy Secretary Sharon Garin estimated the minimum rollback for diesel this week at P20.89 a liter. She estimated a decline […]... Keep on reading: Oil price watch: Fuel prices down by as much as P23/liter this week

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