July 26 Shell, SeaOil Oil Price Adjustments: Unleaded Down, Reg. Gasoline Up
Shell Philippines announces oil price adjustments
The gas price changes are as follows: effective 12:01 AM, Shell cut the price of unleaded gasoline by P0.35 per liter, and increased regular gasoline and kerosene prices by P0.50 and P0.25, respectively.
As of this writing, other oil products suppliers in the country have not made ajustment announcements. However, they are expected to follow.
UPDATE: SeaOil has announced a price increase similar to Shell’s. Meanwhile, Eastern Petroleum Corp. decided to raise the price of its diesel products by 25 centavos a liter starting today due to a $1-a-barrel increase in the prices based on the Mean of Platts Singapore (MOPS) benchmark for refined petroleum products.
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