Published: Sunday 04 November, 2018

Phoenix Petroleum ROLLS BACK Gasoline & Diesel Prices Today, November 4

Gasoline diesel prices

Another oil price rollback!

Another oil price rollback is happening this week! And Phoenix Petroleum again jumped the gun by announcing gasoline and diesel price cuts ahead of everybody else! Phoenix is effecting the price rollback today, November 4.

In an advisory, Phoenix Petroleum said it is decreasing the prices of gasoline and diesel by P1.10 per liter and P1.00 per liter, respectively. The announcement was made earlier than other fuel retailers “for motorists to enjoy lower pump prices for the long weekend.”

The adjustments will take effect at 6:00 AM, November 4, Sunday.

Earlier, industry sources said oil prices will again be cut for the fourth consecutive week. Estimates said the price adjustments would be around P1.00 per liter for both gasoline and diesel.

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Aside from Phoenix, no other oil company has announced their price adjustments yet.

Last week, Phoenix also announced its oil price rollback ahead of other companies.

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