AN independent oil company announced on Monday announced adjustments in their petroleum products effective on Tuesday.
Seaoil said in their advisory that the an additional P0.30 per liter will be implemented for gasoline starting 6 a.m., April 18, 2023.
An upward trend is also announced for kerosene by P0.10 per liter
Diesel on the other hand, will have a price reduction of P0.40 per liter.
It will be recalled that Saudi Arabia and members of OPEC decided to cut their production by of 1.16 million barrels per day, to which they explained is aimed to support the stability of the market.
Catherine R. Cueto