Oil prices down for 3rd straight week
Oil prices will decrease for the third consecutive week starting Tuesday, March 28.
Caltex, Cleanfuel, Jetti, Phoenix Petroleum, Petro Gazz, Seaoil, Shell, and Unioil will reduce gasoline by PHP0.85 per liter, diesel by PHP1.30 per liter, and kerosene by PHP1.90 per liter.
This reduction follows a decrease in global oil prices due to bank concerns and rumors of potential US rate hikes.
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