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Independent oil players to adjust prices Tuesday

Posted on October 7, 2013

By Joann Santiago

MANILA, (PNA) — Independent oil players will adjust prices of their fuel products 6am Tuesday in line with the movements in the international petroleum market.

In an advisory, Seaoil Philippines Inc. said it will implement a P0.55 per liter cut on the prices of its gasolines Extreme 97, Extreme 95, and Extreme U on October 8, 2013.

However, price of the Exceed diesel will go up by P0.35 per liter during the same time.

Also, PTT Philippines Corp. said prices of its gasolines namely Performa, Superb, and Eco Gas will be slashed off P0.55 per liter while the price of Dynamic diesel will go up by P0.35 per liter.

These announcements came after major oil players such as Petron Corp. made the same disclosure.

Petron said price of its gasoline products will be cut by P0.35 per liter while price of its diesel will increase by P0.35 per liter.

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