Fuel prices to be rolled back on Jan. 10

MANILA, Philippines — Pump prices of gas, diesel, and kerosene will be cut by P0.75 to  P2.80 per liter starting Tuesday, Jan 10.

In separate advisories on Monday, local oil firms announced the following price adjustments starting Tuesday:

Shell (6 a.m.)

Gas: -P0.75 per liter

Diesel: -P2.80 per liter

Kerosene: -P2.10 per liter

Petrogazz (6 a.m.)

Gas: -P0.75 per liter

Diesel: -P2.80 per liter

Seaoil (6 a.m.)

Gas: -P0.75 per liter

Diesel: -P2.80 per liter

Kerosene: -P2.10 per liter

Cleanfuel (8:01 a.m.)

Gas: -P0.75 per liter

Diesel: -P2.80 per liter

Local fuel prices are 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.

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Oil firms hike prices of gasoline, diesel and kerosene