Petroleum Products Price Change Implemented November 3, 2020

Petroleum Products Price Change Implemented November 3, 2020

PETROLEUM PRODUCTS – Several oil firms will implement price rollback adjustments in fuel products which will start on November 3 ,2020.

According to ABS-CBN News, the oil firms who made the announcement were Shell, Petro Gazz, and Cleanfuel, among others.

The firms announced in separate advisories that there will be a reduction of P0.85 per liter for the price of diesel and P0.80 per liter reduction for the price of gasoline.

Shell added that there will also be a rollback for the price of kerosene by about P0.70 per liter.

Based on the report, the said price rollback is set to take effect on 6 AM on Tuesday, November 3, 2020, while Cleanfuel will implement the said changes on 8:01 AM.

The previously reported change was on October 20, 2020 where oil firms announced a mixed price change on that day.

Petron Corp., Flying V, SeaOil, Petro Gazz, PTT Philippines, Phoenix Petroleum and Pilipinas and Cleanfuel said in their previous advisories that there was a P0.25 per liter rollback in the price of gasoline; while there was a P0.25 per liter increase in the price of diesel. The price of kerosene had gone up by P0.20 per liter.

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