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 Oil Price Rollback

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PostSubject: Oil Price Rollback   October 9th 2008, 7:19 pm

MANILA, Philippines – The country’s three biggest oil firms and
three other independent players said Wednesday they would slash prices
of petroleum products by P1 per liter.

Those implementing the rollback are major oil firms Pilipinas Shell,
Petron and Chevon Philippines (formerly Caltex) and independent oil
players Seaoil, Eastern Petroleum and Flying V.

Except Seaoil, the oil firms said the price reduction on gasoline,
diesel and kerosene products would take effect 12:01 a.m. Thursday.

Seaoil president Glen Yu said their P1 per liter rollback on gasoline,
diesel and kerosene would take effect at 10 p.m. Wednesday.

Yu added that a 75-centavo rollback will also be implemented on their E-10 (ethanol) product.

A GMA Flash Report said Petron will also slash E-10 prices by 75 centavos also at 12:01 a.m. Thursday.

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PostSubject: Re: Oil Price Rollback   October 13th 2008, 5:56 pm

Kulang pa... kaya pa nilang ibaba...

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