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Petron, Shell, SEAOIL, cut down oil pump prices

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Good news for our consumers out there, Petron Corp, the country’s largest oil refiner, Pilipinas Shell Petroleum Corp. and smaller oil player SEAOIL will slash their pump prices for gasoline, diesel and kerosene on Monday.

Petron and SEAOIL said they will cut  prices to take at 6 a.m. Monday.

The oil companies said prices of their diesel and kerosene products will be rolled back by P0.75 per kilogram, and by P0.50 for gasoline.

Meanwhile, Shell said that its adjusted prices will be reflected at 12 a.m., also on Monday.

According to oil companies, the new prices were implemented to reflect the downtrend in prices of these commodities in the global markets.