Oil firms announce another round of price cuts in petroleum products starting tomorrow

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SEVERAL oil companies announced another round of adjustments in gasoline and diesel pump prices starting tomorrow, Tuesday, July 19, 2022.

This will be the third straight week where the prices of petroleum products will undergo a reduction after several weeks of oil price increases.

Caltex, Seaoil, Cleanfuel, Petrogazz and Shell said gasoline will go down by P5 per liter, while diesel will have a P2 per liter price cut.

Caltex, Seaoil and Shell, on other hand, will reduce prices of kerosene by P0.70 per liter.

Caltex will be the first to implement its price reduction starting 12:01 a.m. on July 19, followed by Seaoil, Petrogazz and Shell at 6 a.m., then Cleanfuel at 8:01 a.m.

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