Saturday, October 21, 2017
Close  
business /

Fuel just got a bit cheaper

business /
  • share this

Fuel just got a bit cheaper

LOCAL oil companies announced cuts in the prices of petroleum products following a drop in international crude prices last week amid recovering oil production and concerns of slower energy demand in case Britain exits the European Union.

Shell reduced gasoline prices by 65 centavos per liter, diesel also by 65 centavos and kerosene by 45 centavos at 6 a.m. today.

Seaoil and Flying V implemented the same price cuts at 12:01 a.m.

ADVERTISEMENT

Eastern Petroleum reduced gasoline and diesel prices by 65 centavos per liter effective 12:01 a.m.

Total and Unioil lowered  gasoline and diesel prices by 65 centavos starting at 6 a.m.

Oil is presently hovering over the $47 per barrel to $50 per barrel range.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: fuel, oil, petroleum products, Shell
For feedback, complaints, or inquiries, contact us.




© Copyright 1997-2016 INQUIRER.net | All Rights Reserved