Oil firms drop fuel prices

LOCAL oil companies announced cuts in the prices of petroleum products following a drop in international crude prices last week amid recovering oil production and concerns of slower energy demand in case Britain exits the European Union. Shell reduced gasoline prices by 65 centavos per liter, diesel also by 65 centavos and kerosene by 45 centavos at 6 a.m. today. Seaoil and Flying V implemented the same price cuts at 12:01 a.m. Eastern Petroleum reduced gasoline and diesel prices by 65 centavos per liter effective 12:01 a.m.  Total and Unioil lowered  gasoline and diesel prices by 65 centavos starting at 6 a.m.  Read more here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s