Drivers lukewarm on next oil price rollback

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DAVAO CITY –— Public utility drivers here are lukewarm for tomorrow’s oil price rollback claiming it is just an icing on a cake.

Demetrio Masaran, a public utility jitney driver said in vernacular “P1.pp? it is next to nothing, the oil prices increases has reached more that P20.00 the past months since 2022 and the rollback is just P4.00? it means nothing anymore, we are hard up and we cannot even bring home good food for our families.”

The oil companies announced Oil firms are set to reduce pump prices of petroleum products on Tuesday to mark the second straight week of rollbacks, but net increases for the year remain over P16.00 per liter.

In an advisory, Pilipinas Shell Petroleum Corp. said it will lower prices per liter of gasoline by P1.00, diesel by P0.35, and kerosene by P3.00.

Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.

The adjustments will take effect at 6 a.m. on Tuesday, April 12, for all firms except for Cleanfuel which will implement the changes at 8:01 a.m. the same day.

Other firms have yet to make similar announcements for the week

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