Petroleum Products Price Rollback To Take Effect On Tuesday
PETROLEUM PRODUCTS – Companies who sell petroleum products recently said that there will be another price rollback to take effect on April 7.
According to ABS-CBN, to start things off, Phoenix Petroleum, Petro Gazz, Caltex, at Seaoil recently announced that they will reduce the price by ₱0.70 less per liter for diesel, and ₱0.30 less per liter for gasoline.
As for kerosene, only the companies Caltex and Seaoil made the announcement that they will reduce the price by ₱0.75 less per liter.
As per the report, the price adjustment will take effect starting 6 AM in the morning on April 7 Tuesday. Caltex, however, will implement to rollback starting 12:01 midnight.
The previous rollback was on late March 2020, wher they rolled back at about ₱2.00 or ₱3.50 per liter.
That time, for gasoline and kerosene, they reduced ₱3.50 and for diesel, ₱2.00. The rollback started on March 22, 2020 at around 4:01 AM and 6 AM.
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