Slight Reduction in Oil Prices Scheduled for Tuesday

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MANILA – Several oil companies have announced a minor price reduction effective Tuesday. Caltex, Cleanfuel, Petro Gazz, Seaoil, and Shell have confirmed a decrease of 10 centavos per liter for both gasoline and diesel. Additionally, Caltex, Seaoil, and Shell will reduce kerosene prices by 30 centavos per liter. It is anticipated that other oil companies will also adjust their prices accordingly. This marks the third consecutive week of price reductions for diesel and kerosene. In Metro Manila, current prices stand at PHP52 to PHP77.97 per liter for gasoline, PHP51 to PHP74.70 per liter for diesel, and PHP72.84 to PHP84.10 per liter for kerosene.