Oil prices drop: Diesel down up to P3/L
Oil prices are dropping this week with several companies reducing diesel and gasoline prices.
PILIPINAS SHELL and SEAOIL will decrease diesel by up to P3 per liter starting Tuesday morning, while CLEANFUEL and PETROGAZZ plan similar reductions.
DOE Oil Industry Management Bureau Director Rino Abad attributed the price drops to easing constraints on global oil supply.
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