Oil firms to slash gasoline prices Tuesday

MANILA — Oil companies will cut gasoline prices by 80 centavos per liter on Tuesday.

According to separate advisories Monday, Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines will apply the reduction at 6:00 a.m.

Flying V will also decrease its gas prices by 90 centavos per liter at 12:01 a.m.

The three oil firms stressed there will be no price movements for diesel.

Shell and Flying V meanwhile said there will be no changes in kerosene prices.

With the price change, gas will range from PHP34.85-36.75 per liter in Metro Manila.

Gasoline prices, on the other hand, will remain at a range of PHP35.65-43.25 per liter. PNA/northboundasia.com