Philippine Daily Inquirer

Consumers get breather from rising oil prices


Oil companies have slashed pump prices after three successive weeks of price increases that added P2 to P3 to the cost per liter of refined petroleum. Starting 6 a.m. on Sunday, diesel prices went down by 90 centavos per liter as did gasoline by P1.20 per liter. Petron, PTT, Total and Phoenix announced the price cuts. Petron also cut kerosene prices by P1 per liter.—

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