Gasoline prices rolled back today

 MANILA, Philippines - Oil companies have rolled back gasoline prices but raised diesel and kerosene prices amid movements in the international market.

Pilipinas Shell Petroleum Corp. said yesterday it will reduce gasoline prices by P0.40 per liter and increase kerosene prices by P0.30 per liter and diesel prices by P0.35 per liter effective 6 a.m. today.

In a text advisory, SeaOil Philippines Inc. reduced gasoline prices by P0.40 per liter, increased kerosene prices by P0.30 per liter and hiked diesel prices by P0.35 per liter starting 6 a.m.

Flying V implemented the same price adjustments across fuel products starting 12:01 a.m.

Eastern Petroleum Corp., Petron Corp., Phoenix Petroleum Philippines, PTT Philippines Corp., Total Philippines Corp. and UniOil Petroleum Philippines Inc. have yet to make an announcement as of this writing but they are expected to implement similar price adjustments.