AFTER five weeks of price hikes, oil companies will cut fuel prices today, February 13, 2024.
In separate advisories, Shell, Caltex, Cleanfuel, Jetti, Petro Gazz, and Seaoil said they will reduce gasoline prices by P0.60 per liter and P0.10 per liter for diesel.
Shell, Caltex and Seaoil will also slash kerosene prices by P0.40 per liter.
Other oil firms are expected to follow suit.
Based on a data from the Department of Energy, current retail pump prices ranged from P56.30 to P81.58 per liter for gasoline, P52.90 to P83.56 per liter for diesel, and from P72.85 to P84.28 per liter for kerosene.
Since the start of the year, gasoline prices have risen by P5 per liter, diesel by P3.40 per liter, and kerosene by P2.25 per liter.

COURT ORDERS ARREST OF VP SARA OVER GRAVE THREATS RAPS
PBBM CONDOLES WITH FAMILIES OF 2 FILIPINO SEAFARERS KILLED IN STRAIT OF HORMUZ
2 PINOY SEAMEN KILLED IN STRAIT OF HORMUZ ATTACK
PALACE ANNOUNCES FREE TOLL IN SELECT NLEX AREAS STARTING SEPT. 2
LACSON FILES BILL SEEKING TO GRANT OMBUDSMAN POWER TO ARREST, SEARCH, SEIZE
PBBM TO DEPED: TEACH CLIMATE CHANGE AMONG SCHOOL CHILDREN
FLOOD RESCUE BRINGS RIPPLES OF HOPE MEMBERS BACK TO THANK PRO3 PERSONNEL
PRO3’S 36-HOUR MANHUNT OPERATIONS HAUL TO JAIL ALL CL’S 10 MOST WANTED FELONS