Oil firms will implement price rollbacks this week.
On Monday, Philippine Shell Petroleum Corp., Chevron, and Seaoil announced price reductions for kerosene and gasoline of P1.40 and P1.50 per liter, respectively, while the price of diesel will go down by P1.30 per liter.
Petro Gazz will reduce the price of diesel by P1.30 per liter and the cost of gasoline by P1.50 per liter.
The price changes will take effect on Tuesday, May 2.
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