Oil firms roll back diesel, kerosene and gasoline prices

MANILA, Philippines —Local oil firms are slashing the pump prices of diesel, kerosene and gasoline effective Tuesday, Nov. 22.

Diesel prices will go down by P2.15 per liter while that of kerosene will be cut by P2.10 per liter. The price of gasoline is going down by P0.40 per liter.

In separate advisories on Monday, local oil firms announced their respective price adjustment schedules as follow:

Shell (6 a.m.)

Gasoline: -P0.40 per liter

Kerosene: -P2.10 per liter

Diesel: -P2.15 per liter

Cleanfuel (12:01 a.m.)

Gasoline: -P0.40 per liter

Diesel: -P2.15 per liter

Petrogazz (6 a.m.)

Gasoline: -P0.40 per liter

Diesel: -P2.15 per liter

Caltex (12:01 a.m.)

Gasoline: -P0.40 per liter

Kerosene: -P2.10 per liter

Diesel: -P2.15 per liter

Seaoil (6 a.m.)

Gasoline: -P0.40 per liter

Kerosene: -P2.10 per liter

Diesel: -P2.15 per liter

PTT Philippines (6 a.m.)

Gasoline: -P0.40 per liter

Diesel: -P2.15 per liter

Phoenix Petroleum (6 a.m.)

Gasoline: -P0.40 per liter

Diesel: -P2.15 per liter

Jetti Petroleum (6 a.m.)

Gasoline: -P0.40 per liter

Diesel: -P2.15 per liter

Local fuel prices are set based on the average Mean of Platts Singapore (MOPS).

MOPS is the daily average price of refined petroleum products in Singapore trading. It is used for pricing petroleum products in Southeast Asia.

Read more:

Price cut on diesel but gasoline, kerosene to go up on Nov. 15