OIL companies again lowered their pump prices effective Tuesday, Sept. 27, 2022.

Pilipinas Shell, Cleanfuel, PetroGazz and Seaoil announced on Monday that diesel prices will go down by P1.25 per liter and gasoline by P1.65 per liter.

Pilipinas Shell and Cleanfuel said they will reduce the cost of kerosene by P1.35 per liter.

Based on the monitoring of the Department of Energy, as of Sept. 20, 2022, oil companies have implemented a per liter decrease in diesel by P4.15 and P4.45 for kerosene.

These resulted in year-to-date adjustments at a net increase of P30.65/liter for diesel, P25.45/ liter for kerosene and P16.50 for gasoline.