MANILA — Oil companies are set to decrease fuel prices this week.

According to Shell and Seaoil, they will implement reductions of P0.75 per liter for gasoline and P0.90 per liter for diesel.

Additionally, the cost of kerosene will see a decrease of P1.05 per liter.

These adjustments will come into effect on May 7, Tuesday.

In the previous week, fuel prices experienced a decline as well, with gasoline dropping by P0.25 per liter, diesel by P0.45 per liter, and kerosene by P0.90 per liter.

(By el Amigo/MNM)