MANILA  -Pump prices of gasoline and kerosene will again decline for the second consecutive week on Tuesday, Oct. 3, by up to P2 per liter, while the price of diesel will go up by 40 centavos per liter. In separate advisories, local oil firms said they will cut the price of gasoline by P2 per liter and kerosene by 50 centavos per liter. Shell and Seaoil will implement the price adjustments by 6 a.m., followed by CleanFuel at 4:01 p.m. This week's mixed movements in pump prices of petroleum products comes after the Department of Energy (DOE) told consumers to 'manage their expectations,' as major oil producers extended daily production cuts.

https://business.inquirer.net/424355/gasoline-prices-cut-by-p2-liter-lpg-hiked-by-p41-25-per-11-kg-tank

#inquirer