Business NEWS

Consumers will brace for mixed adjustment in pump prices this week, albeit with a very marginal rollback of P0.10 per liter for gasoline; and a slight increase of P0.15 per liter for kerosene products.

For diesel, which is a socially sensitive commodity generally fueling public transport, there will be no cost adjustment for the product this week, as announced by the oil companies.

As of press time, the oil firms that already sent notices on their price adjustments had been Pilipinas Shell Petroleum Corporation, Seaoil and Cleanfuel, while the rest of the industry are anticipated to follow.