MANILA, Philippines—Shell announced on Monday that it will lower the price of diesel by P23 per liter, gasoline by P6.50 per liter, and kerosene by P11.50 per liter.
Last week, diesel prices went up by P15-P19.80 per liter, gasoline by P4.90-P5.90 per liter and kerosene by P8.10-P9.10 per liter.
Other oil companies have yet to announce their price adjustments for this week.
Oil firms usually adjust their pump prices on Tuesdays.
