Prices of liquefied petroleum gas (LPG) will go down by at least P6 per kilogram this month.
The price adjustments should translate to a decrease of P67.10 to P68.20 for each regular 11-kg household LPG tank.
Petron said it reduced LPG prices by P6.20 per kilogram; Solane-branded LPG went down by P6.18 per kg; and Phoenix Super LPG went lower by P6.10 per kg.
Meanwhile, Petron and Phoenix also cut their auto LPG prices by P3.47 per liter.
The price rollbacks were effective by 12:01 a.m. Thursday.
“These reflect the international contract price of LPG for the month of June,” Petron said.
On Tuesday, the country’s oil firms raised gasoline prices by P1.10 per liter to reflect the movement of oil prices in the world market.
Diesel prices did not move, but the oil firms cut the price of kerosene by P0.35 per liter.
PTT Philippines, Phoenix Petroleum Philippines, Chevron Philippines, Seaoil Philippines, Petro Gazz, Cleanfuel, and Jetti Petroleum made separate announcements of their latest price movements.