Independent Oil Firm Cleanfuel has announced fuel price adjustment in the prices of gasoline and diesel effective 4:01pm on Sunday, March 15.

In an media advisory, the company said it will implement a P4.00 per liter rollback in diesel and gasoline, respectively. The reduction of fuel is due to movements in the international world oil market despite of novel coronavirus disease (COVID-19) outbreak. 

This is the third consecutive week that the company releases rollback.

Earlier, Phoenix Petroleum also announced pump price adjustment both on diesel and gasoline by P3.00 per liter. 

Petron will reduced price of diesel and gasoline products by P4.00 per liter and P4.50 per liter for kerosene. Meanwhile, Shell will implement price cut on diesel and gasoline by P4.25 per liter and P4.35 per liter for kerosene.