Fuel price update: Companies to decrease prices this week

Here are the details for this week's massive fuel price rollbacks.

A number of Philippine fuel companies will be adjusting the prices of their fuel products this week to be more in-line with international oil prices.

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These fuel price adjustments in the Philippines are due to a number of compounding reasons, which include economic slowdown due to the community quarantine measures enacted by numerous LGUs and NCR to prevent the further spread of COVID-19.

A bidding war between Russia and Saudi Arabia has also started several days ago.

Here's EDSA on a normal day.... (Picture was taken November 2019)

Here are the specifics:

I. Chevron Corporation Philippines (Caltex)

These price rollbacks for Caltex fuels will be effective at exactly 12:01 a.m., March 17, 2020.

Caltex fuels	Price
Platinum 95 and Silver 91 gasoline	Drop Php 4.25 per liter
Techron Diesel	Drop Php 4.25 per liter
Kerosene	Drop Php 4.35 per liter

II. Clean Fuel Philippines

These price rollbacks for Clean Fuel will be effective at 4:01 p.m., March 15, 2020.

Clean Fuel	Price
Premium 95 and Unleaded 91	Drop Php 4.00/ liter
Diesel	Drop Php 4.00/ liter

III. SeaOil Philippines

Pricing rollbacks for SeaOil will be effective at 6:00 a.m., March 16, 2020.

SeaOil fuels	Price
Extreme 97, Extreme 95, and Unleaded91 gasoline	Drop Php 4.25/ liter
Exceed Diesel	Drop Php 4.25/ liter
Kerosene	Drop Php 4.35/ liter

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IV. Shell Philippines

Pricing rollbacks for Shell Philippines will take effect at 6:00 a.m., March 17, 2020.

Shell Philippines fuels	Price
V Power Nitro Plus + Racing 97, V-Power Nitro+ 95, and FuelSave 91 gasoline	Drop Php 4.25/ liter
V Power Nitro N + Diesel and Fuel Save Diesel	Drop Php 4.25/ liter
Kerosene	Drop Php 4.35/ liter

V. Flying V Philippines

Pricing rollbacks for Flying V products will take effect at 6:00 a.m., March 17, 2020.

Flying V fuels	Price
Rush 97, Thunder 95, and Volt 91	Drop Php 4.00/ liter
Biodiesel	Drop Php 4.00/ liter
Kerosene	Drop Php 4.50/ liter

VI. Petron Philippines

These pricing rollbacks for Petron fuels will take effect at 6:00 a.m., March 17, 2020.

Petron fuels	Price
Blaze 100, XCS 95 and Xtra91 gasoline	Drop Php 4.00/ liter
Turbo Diesel and Diesel Max	Drop Php 4.00/ liter
Kerosene	Drop Php 4.50/ liter

And here's EDSA yesterday (March 15, 2020). In short, there's a reduced demand for fuel. [Photo Source: GMA Network]

For more fuel price updates, keep reading here on Philkotse.com!

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Cesar G.B. Miguel

Author

Cesar Guiderone B. Miguel was born and raised in Iligan City, Lanao Del Norte. He graduated in 2010 with a Bachelor of Arts in English degree from Mindanao State University - Iligan Institute of Technology. He previously worked as a freelance writer for various websites, as a member of the Iligan City Disaster Risk Reduction Management's training staff, and as a medical sales representative.

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