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Petron cuts diesel, kerosene prices by P0.75 per liter

By Amy R. Remo
Philippine Daily Inquirer
First Posted 13:05:00 02/01/2010

Filed Under: Oil & Gas - Downstream activities, Consumer Issues

MANILA, Philippines?Petron Philippines has rolled back diesel and kerosene prices by 75 centavos per liter (VAT inclusive), Raffy Ledesma, Petron spokesman, announced Monday.

The pump price cut took effect at 12 p.m. Monday, Ledesma said in a text message to reporters.

The price cuts were meant to reflect movements in the international oil markets, Ledesma added.

Three small oil players also slashed their diesel and kerosene prices effective 12 a.m. Monday.


Copyright 2011 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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