Caltex to cut pump prices again on July 3

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Caltex to cut pump prices again on July 3

Arthur Fuentes,

ABS-CBN News

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MANILA — Caltex is implementing another round of pump price cuts this Thursday, July 3.

The oil firm said it is cutting the price of its gasoline by P0.60 per liter, diesel by P0.35 per liter, and kerosene by P0.50 per liter. The price cuts take effect at 6:01 a.m. on Thursday.

This is the second price rollback that Caltex is implementing this week. It earlier cut gasoline prices by P1.40, diesel by P1.80 and kerosene by P2.20 per liter.

World oil prices have gone down after briefly spiking last week due to the conflict in the Middle East. A ceasefire between in Iran and Israel however has calmed down markets.

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