Fuel price cut: Diesel, gasoline down by 10¢/L starting Feb 11

INQUIRER FILE PHOTO
MANILA, Philippines — Fuel retailers will reduce the prices of petroleum products by as much as 30 centavos per liter beginning Tuesday.
In separate advisories, Seaoil and Shell Pilipinas said gasoline and diesel prices would be slashed by 10 centavos a liter.
The per-liter price of kerosene will likewise go down by 30 centavos.
READ: Mixed fuel price adjustments set on Tuesday, February 4
Leo Bellas, Jetti Petroleum president, earlier said the potential downward adjustments in pump prices could be attributed to recent decisions of US President Donald Trump, particularly pausing tariffs on Canada and Mexico.
“Weak demand concerns in the US following a larger-than-expected build in crude oil and gasoline stockpiles and worries that the renewed China-US trade war could slow down economic growth and dampen demand for oil further pressured prices,” he added in a statement.