Oil firms to cut diesel, kerosene prices

Posted at 03/03/14 6:27 PM

MANILA, Philippines (UPDATE) - Petron Corp. on Monday said it will cut prices of its diesel and kerosene products effective 12:01 a.m. on Tuesday, March 4.

Petron said its diesel and kerosene prices will be slashed by P0.30 per liter to reflect movement in the international market.

PTT Philippines, meanwhile, said prices of its diesel products will be cut by P0.30 per liter also effective 12:01 a.m. on Tuesday.

Total will also roll back diesel prices by P0.30 per liter effective 6 a.m. on Tuesday.

No price movement will be implemented in gasoline products.