Remate Express

remate express
remate express


Gasoline prices to be slashed by P2 per liter

By: Catherine Cueto

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MOTORISTS continue to enjoy rollbacks from oil companies as gasoline prices continue to fall for the second straight week of May.

The oil companies announced that they would cut the prices of gasoline by Tuesday, May 14, by P2 per liter.

Kerosene will be deducted by P0.85 per liter and diesel by P0.50 per liter.

Pilipinas Shell, Seaoil, Caltex, and Jetti Petroleum will be implemented by 6 a.m.

For cleanfuel it will be at 12:01 am.

The Department of Energy had said that the geopolitical conflict in the Middle East and fluctuations in the US oil inventory are one of the main factors in changes in pump prices.