Oil firms to slash pump prices
MANILA (UPDATE) -- Pilipinas Shell Petroleum Corp., Flying V, Petron Corp. and PTT will be reducing the prices of its gas, diesel and kerosene products on Monday, September 16.
The firms said it would cut prices of its gasoline by P1.60 per liter, diesel by P0.80 per liter, and kerosene by P0.85 per liter effective 12:01 a.m.
The adjustments were made to reflect movement in the international oil market and a stronger peso. -- With a report from Alvin Elchico, ABS-CBN News