Oil prices drop after Undas break | ABS-CBN

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Oil prices drop after Undas break

Oil prices drop after Undas break

ABS-CBN News

 | 

Updated Nov 06, 2023 05:56 PM PHT

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MANILA — Fuel prices are dropping anew after the All Saints' Day holidays.

Oil companies on Monday said pump prices would drop by the following amounts on November 7, Tuesday:

PILIPINAS SHELL, SEAOIL, PETRON (effective 6 a.m.)

Gasoline - P0.45/L decrease
Kerosene - P1.05/L decrease
Diesel - P1.10/L decrease

PETROGAZZ, PTT, JETTI PETROLEUM, UNIOIL, PHOENIX PETROLEUM (effective 6 a.m.)

Gasoline - P0.45/L decrease
Diesel - P1.10/L decrease

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FLYING V (effective 6 a.m.)

Gasoline - P0.45/L decrease
Kerosene - P1.05/L decrease
Biodiesel - P1.10/L decrease

CLEANFUEL (effective 12:01 a.m.)

Gasoline - P0.45/L decrease
Diesel - P1.10/L decrease

CALTEX (effective 12:01 a.m.)

Gasoline - P0.45/L decrease
Kerosene - P1.05/L decrease
Diesel - P1.10/L decrease

This is the second straight decrease in diesel and kerosene prices.

Rodela Romero, Director III of the DOE Oil Industry Management Bureau, said all fuel products will experience a price cut post-Undas amid signs that the Israel-Hamas conflict will remain contained.

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