Phoenix Petroleum cuts gasoline prices Tuesday

MANILA, Philippines—Phoenix Petroleum Philippines has reduced prices of its premium and unleaded gasoline by P0.90 per liter and regular gasoline by P0.20 per liter.

In its emailed statement Tuesday, price roll back took effect effective 6 a.m. of Sept. 4, 2012 to reflect the movements in the prices of refined petroleum products in the world market.