Good news, bad news on oil prices

Credit to Author: The Manila Times| Date: Mon, 04 Mar 2019 11:32:25 +0000

FIRST the good news.

Oil companies announced a rollback in the price of diesel effective on Tuesday.

Second, the bad news.

The rollback is 10 centavos per liter.

More bad news.

Prices of gasoline and kerosene will increase by 10 centavos and 35 centavos per liter respectively.

Eastern Petroleum, Petro Gazz, Pilipinas Shell, PTT Philippines and Total announced the adjustments on Monday. JORDEENE B. LAGARE