Petron, Phoenix Petroleum adjust oil prices

Petron Corp. and Phoenix Petroleum adjusted the prices of their products effective Monday, rolling back prices of gasoline but increasing the price of diesel. Radio dzBB reported Petron rolled back prices of its premium fuel by P1.50 per liter, and its regular gasoline by 80 centavos per liter. However, it also raised the price of diesel by 20 centavos per liter, while its kerosene prices remained unchanged. For its part, Phoenix Petroleum rolled back prices of its regular gas by P1.50 per liter, and raised prices of its diesel products by 20 centavos per liter. On Sunday, Pilipinas Shell said it will adjust the prices of its petroleum products Monday. Shell reduced the prices of unleaded gasoline by P1.20 per liter and regular gasoline by 80 centavos per liter. But it increased the prices of its diesel by 45 centavos per liter and kerosene by 15 centavos per liter. — RSJ, GMA News