Pump prices of fuel products dropping anew effective Sept. 17
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NewsTranscript
00:00Fuel retailers have announced a reduction in petroleum prices effective Tuesday.
00:05Gasoline prices will decrease by one peso per liter.
00:08Diesel will slash its price per liter to one peso and thirty centavos and
00:13kerosene will be lowered by one peso and sixty-five centavos per liter. In
00:18separate advisories, major fuel companies including Sea Oil, Petro Gas, Shell Pilipinas, and Clean Fuel
00:25confirm the price cuts. This adjustment reflects ongoing trends in the global oil market where declining demand and
00:32oversupply pressures have led to reduced fuel prices.