Oil firms cut anew fuel prices

Posted at 04/29/12 11:52 AM

MANILA, Philippines (2nd UPDATE) – Pilipinas Shell Petroleum Corp., Petron Corp. and Seaoil will roll back prices of pump products on Monday.

Shell said it will decrease the prices of its FuelSave Unleaded, Shell Super Premium, Vpower gasoline and regular gasoline by 30 centavos per liter.

Petron will cut the prices of Blaze 100, XCS, Xtra by 30 centavos per liter and Regular gasoline by 60 centavos per liter.

Seaoil, on the other hand, said it will reduce the prices of its premium and unleaded gasoline by P0.30 per liter and regular gasoline by P0.60 per liter.

The reduction is implemented to reflect the decline in prices at the international market.

The adjustment is effective 12:01 a.m. on Monday, April 30.