Oil firms slash pump prices

Oil companies cut fuel prices on Tuesday, reflecting movements in the international oil market.
As of 12:01 a.m., Shell, Chevron, and Seaoil slashed prices of their premium gasoline, diesel and kerosene by 75 centavos per liter, according to a report on Unang Balita. The three rolled back prices of their regular gasoline by 25 centavos per liter. At 6 a.m., Petron followed suit. — Carmela Lapeña, LBG, RSJ, GMANews.TV