Oil firms cut prices

TWO oil companies slashed the prices of their petroleum products Wednesday.

Eastern Petroleum cut diesel prices by 50 centavos per liter and 20 centavos per liter for gasoline.

Flying V also slashed prices of its diesel and kerosene by 50 centavos per liter and 20 centavos per liter for gasoline.

The price rollback took effect at 12:01 a.m. Wednesday.

The reduction is to reflect decrease of oil prices in the international market. (Sunnex)

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