MANILA (AFX-ASIA) – Petron Corp, Pilipinas Shell Petroleum Corp and Caltex Philippines Inc have reduced their gasoline prices by 0.30 pesos per litre and diesel and kerosene by 0.20 per litre effective early this month due to softening crude prices. The oil companies also cut the price of liquefied petroleum gas by 11 pesos per…
PHILIPPINES: Oil firms cut fuel prices, while government plans to raise excise taxes
Posted on May 16, 2003 by EnergyAsia