Oil companies cut prices of diesel and kerosene
Some oil companies made an announcement that they will slash prices of its diesel and kerosene products on Tuesday, August 19.
Pilipinas Shell and SEAOIL said diesel prices will be reduced by P0.40 per liter, and kerosene will be cut by P0.35 per liter which will take effect at 12:01 a.m.
As for Phoenix Petroleum Philippines, they will cut prices of diesel products by P0.45 per liter effective 6 a.m.
Meanwhile, no cutting of prices for gasoline was announced.