Petroleum Products Price Change To Take Effect Starting August 25, 2020

Petroleum Products Price Change To Take Effect Starting August 25, 2020

PETROLEUM PRODUCTS – The prices of petroleum products are expected to have a change this week starting Tuesday, August 25, 2020.

An announcement from certain oil companies said that there will be a price rollback on diesel while a price increase in gasoline, according to a report from ABS-CBN News.

Shell and Petro Gazz said that the prices of diesel has reduced to P0.20 per liter while prices of gasoline have increased to P0.15 per liter.

Shell also announced that there will also be a price rollback for kerosene for about P0.25 per liter.

Based on their report, the changes on the said price will take effect at 6AM on Tuesday (August 25).

Previously, last week, there is a hike on prices of the said products, as announced by the same oil firms.

VISIT: Oil Firms Set To Impose Hike on Prices This Week (August 18)

Shell and Petro Gazz would impose a P0.60 per liter on prices of Gasoline and P0.10 per liter of Diesel, which took effect at last weeks Tuesday at 6 AM.

What do you think of this report? How will you react to this? Let us know more about it in the comments below.

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