Up to P3/liter rollback on oil price Nov. 14

By Kris Crismundo

November 13, 2023, 4:47 pm

<p style="text-align: left;"><strong>ROLLBACK</strong>. Oil firms will cut pump prices on Tuesday (Nov. 14, 2023). Diesel will take the biggest drop in prices by up to PHP3 per liter. <em>(File photo) </em></p>

ROLLBACK. Oil firms will cut pump prices on Tuesday (Nov. 14, 2023). Diesel will take the biggest drop in prices by up to PHP3 per liter. (File photo) 

MANILA – Motorists and consumers can expect up to PHP3 per liter reduction on petroleum prices starting Nov. 14.

In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Phoenix Petroleum, PTT, Seaoil, Shell and Unioil announced they will slash gasoline prices by PHP0.70 per liter and a rollback of PHP3 per liter for diesel.

Caltex, Seaoil and Shell will also cut kerosene prices by PHP2.30 per liter.

Other oil firms have yet to announce price adjustments.

This will be the second week of price rollback for gasoline and third straight week for diesel and kerosene.

According to the Department of Energy, pump prices in Metro Manila since the effectivity of the adjustments last week range from PHP59.75 to PHP75.80 per liter for gasoline; PHP57.40 to PHP82.85 per liter for diesel; and PHP74 to PHP87.14 per liter for kerosene. (PNA) 

 

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