Philippines pump prices decrease for second straight week

gmanetwork.com

Gasoline, diesel, and kerosene prices will decrease again this week, marking the second consecutive week of price rollbacks for motorists. Shell Pilipinas Corp. announced price cuts of P0.30 per liter for gasoline, P0.90 for diesel, and P1.25 for kerosene, effective Tuesday morning. The Department of Energy had predicted these decreases due to OPEC's production increase and trade uncertainties. Last week's rollbacks were P0.55 for gasoline, P0.65 for diesel, and P0.90 for kerosene. Year-to-date, gasoline and diesel prices have increased, while kerosene has decreased.


With a significance score of 1.6, this news ranks in the top 61% of today's 23714 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: