The various fuel retailers again cut the cost of petroleum products for the week in a series.
Seaoil and Caltex reduced the per liter price by P0.75 for gasoline, P0.65 per liter for diesel and P0.60 per liter for kerosene.
Jetti and PTT also lowered their per liter price by P0.75 for gasoline and P0.65 for diesel.
The price rollback is the fourth consecutive for diesel and kerosene but only the third consecutive for gasoline.
As of 16 November, data show the Manila price of gasoline (RON95) at P71.90 per liter, diesel at P61.55 per liter and kerosene at P73.06 per liter, based on data provided by the Department of Energy.
DOE data also show year-to-date adjustments as a net increase of P13.05 per liter for gasoline, P6.35 per liter for diesel and P1.69 per liter for kerosene as of mid-November.
