Petron to cut LPG prices by 50c/kg

MANILA –- Petron Corporation will decrease Gasul and Fiesta liquefied petroleum gas prices by 50 centavos per kilogram effective at 12:01 a.m. on Thursday.

The oil company also said it will lower Xtend autoLPG prices by 28 centavos per liter.

Petron explained the movements reflect international LPG contract prices for December.

According to the Energy Department’s oil monitor for Metro Manila, LPG prices currently range from PHP 430 to 661 for an 11-kg cylinder.