Petroleum Prices Price Petroleum Products Prices Price Roll Back To Be Set On August 4, 2020
PETROLEUM PRODUCTS – The prices of petroleum products are expected to have a roll back this week starting Tuesday, August 4, 2020.
According to GMA News, Petro Gazz and Seaoil announced that they will decrease their prices of diesel by P0.30 per liter and gasoline by P0.25 per liter. The rollback is expected to take effect on 6 AM Tuesday.
Meanwhile, Seaoil will also cut the price of its kerosene by P0.15 per liter.
Based on the report, diesel prices may go down by P0.10 per liter and gasoline prices by P0.25 to P0.30 per liter, according to Unioil’s forecast for August 4 to August 10.
Months ago, on May 11, Phoenix Petroleum announced that they set a rollback set a rollback for its variety of gasoline products on that day.
VISIT: Big-time Rollback on Petroleum Product Prices Set This Weekend
That time, the oil firm said that they reduce the petroleum price by a scale of P1.30 per liter of gasoline product varieties.
Other oil companies also imposed price rollback until the 14th of May.
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