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Oil Price Rollback Expected in Early September in the Philippines
Major oil companies in the Philippines announced a price rollback effective Tuesday, September 1, bringing relief to motorists after two consecutive weeks of price hikes.
MANILA, Philippines — Motorists will see lower pump prices in the first week of September as oil firms announced rollbacks effective Tuesday, Sept. 1. Shell and Seaoil said the price adjustments will take effect at 6 a.m. The following decreases will be implemented per liter: Shell Seaoil The rollback follows two consecutive weeks of price increases. Last week, gasoline went up by P1.08 per liter, diesel by P2.31 and kerosene by P0.95. Other oil firms have yet to announce their price adjustments as of writing. This story will be updated as more oil firms announce their adjustments.
Original source
Philstar Business