Oil firms cut gasoline, kerosene prices | ABS-CBN

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Oil firms cut gasoline, kerosene prices

David Dizon,

ABS-CBN News

 | 

Updated Apr 07, 2025 09:50 AM PHT

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Gasoline and kerosene prices are set to fall Tuesday, April 8, as the US imposed large tariffs on products from many countries, including the Philippines.

Shell Philippines and Seaoil Philippines will impose the following price adjustments:

Gasoline    P0.10/liter  ⬇️

Kerosene   P0.50/liter ⬇️

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Diesel          No Change

Cleanfuel and Petro Gazz will impose a similar price adjustment for gasoline. 

Wall Street braced Sunday for significant losses at the start of the week over Donald Trump's punishing tariffs on exports to the US, as oil prices plummeted even with countries seeking compromise with the defiant president.

US oil dropped below $60 a barrel for the first time since April 2021. With Agence France-Presse

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