Oil companies reduce diesel, gasoline prices | Inquirer ºÚÁÏÉç

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Oil companies reduce diesel, gasoline prices

/ 04:31 AM August 24, 2021

MANILA, Philippines — Pump prices of diesel dropped for the third straight week, this time by 75 centavos per liter amid heightened fears over COVID-19 outbreaks.

Prices of gasoline also fell by 80 centavos per liter. Caltex cut prices at 12:01 a.m. followed by Petron, Shell, Seaoil, Total and PTT at 6 a.m.

Petron, Shell, Caltex and Seaoil also cut kerosene prices by 90 centavos per liter. The Asian benchmark Dubai crude was at $68.03 per barrel as of Aug. 19, dipping from $70.44 per barrel on Aug. 12.

—RONNEL W. DOMINGO
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TAGS: fuel prices, oil firms

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