SEVERAL oil companies on Monday announced changes in the prices of their products effective 6 a.m. on Tuesday, July 30, according to a report by the Philippine News Agency.
Petron Corp., PTT Philippines and Flying V said they will reduce the price of their gasoline fuel by P0.95 per liter, but will increase the price of their diesel fuel by P0.15 per liter.
Petron and Flying V will also hike the price of their kerosene fuel by P0.10 per liter.
“These reflect movements in the international oil market,” Petron was quoted in the report as saying.
Over the weekend, Seaoil and Petro Gazz said they will cut their gasoline price by P0.95 per liter while raising diesel price by P0.15 per liter, also effective 6 a.m. on Tuesday.
Seaoil said the price of its kerosene will be hiked by P0.10 per liter.
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