Leading Independent Oil Company Cleanfuel announced a fuel price adjustment of its fuel products effective March 31, 2020.
In an media advisory, Cleanfuel said it will cut the price per liter of diesel by P0.50 and P2.00 per liter for gasoline. This is the fifth consecutive week of pump price rollback of the company for this month.
The substantial price adjustment is due to movements in the international market.
The adjustment will take effect on Tuesday at 8:01 a.m.
Meanwhile, Shell Philippines earlier imposed price cut on Saturday with similar price adjustment.