In separate advisories on Monday, six oil companies–Petron, Pilipinas Shell, Eastern Petroleum, Phoenix Petroleu a bigti m, PTT Philippines and Flying V–announced that they will cut diesel prices by P1.10 per liter and gasoline by P0.80 per liter, effective March 21, Tuesday. Petron, Pilipinas Shell, Petron and Flying V will lower kerosene prices by P1.20 per liter. Petron, Eastern Petroleum and Flying V will implement the price adjustments at 12 midnight of Monday Pilipinas Shell, PTT Philippines and Phoenix Petroluem will effect the price changes at 6 a.m. of Tuesday. The latest price changes resulted from average price movements for the previous five trading days in the global market. VOLTAIRE PALAÑA

Source: Manila Times March 20, 2017 10:41 UTC