Oil firms cut pump prices effective Tuesday

June 27, 2017 - 7:27 AM
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Reuters file photo.

MANILA, Philippines — Oil firms cut pump prices of gasoline by 35 centavos a liter for diesel and 20 centavos a liter for kerosene on Tuesday.

Petron Corp., PTT, Jetti, Phoenix and Eastern Petroleum rolled back their prices at 6 a.m., SeaOil and Flying V at 12:01 a.m.

The rollback was due to the downward price movements of crude oil in the international market.