Oil firms have said that they will roll back the prices of petroleum products from May 3.
Caltex, Cleanfuel, Flying V, Petro Gazz, Petron, Phoenix, PTT Philippines, Seaoil, and Unioil said they will cut per-liter prices of gasoline by P0.65 per liter while diesel and kerosene costs will be slashed by P1.15 per liter.
Shell, Petro Gazz, SeaOil, Metro Oil, and PTT will enforce prices on Tuesday, 6 am while Caltex and Cleanfuel will adjust their costs at 12:01 am and 8:01 am, respectively.
READ ON: Speed adjustment could help save fuel costs in UAE
