Oil firms to roll back fuel prices effective 12 a.m. Tuesday (May 13)

Photo courtesy Reuters
Photo courtesy Reuters

MANILA, Philippines — Various oil firms are set to roll back fuel prices effective 12:01 a.m. Tuesday (May 13, 2014).

The oil firms said they would cut gasoline prices by P0.85 centavos per liter.  Prices of diesel and kerosene will also be cut by P0.55 centavos per liter.

The oil firms that will implement the price rollback are the following:  Shell Philippines, Phoenix Petroleum Philippines, Seaoil Philippines, Chevron, Petron Corporation and Total Corporation.