Oil firms to cut pump prices Tuesday

MANILA — Oil firms will roll back pump prices on Tuesday, following international market trends.

In separate advisories, Petron Corp., Phoenix Petroleum Philippines, PTT Philippines and Flying V will reduce gasoline prices by 20 centavos per liter and diesel prices by 35 centavos per liter on January 17.

Flying V will implement the price movements at 12:01 a.m., while Petron, Phoenix Petroleum and PTT will apply the changes at 6 a.m.

Flying V will also reduce kerosene prices by 40 centavos per liter. PNA-northboundasia.com