Oil firms to cut pump prices

Posted at 10/22/2012 11:26 AM | Updated as of 10/23/2012 10:55 AM

MANILA, Philippines (UPDATE) - Oil companies are set to adjust pump prices tomorrow (October 23). 

Eastern Petroleum will slash prices of unleaded by P1 per liter; diesel and kerosene by P0.25 per liter and regular gasoline by P0.40 per liter at 12 midnight, October 23. 

Flying V is also reducing prices of unleaded by P0.90/L; regular by P0.40/L; diesel by P0.35/L; and kerosene P0.25/L, at 12:01 a.m. 

Meanwhile, Shell said it will reduce prices at 6 a.m. on Tuesday. Pump prices of unleaded will be cut by P0.90/liter; kerosene by P0.25/liter; diesel by P0.35/liter; and regular by P0.40/liter. 

At 6:01 a.m. Unioil and Phoenix Petroleum are cutting pump prices on diesel by P0.35/L; premium and unleaded by P0.90/L and regular by P0.40/L.