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Shell announces P1 rollback

Posted by Abi Kwok on September 4, 2008

By Abigail Kwok
First Posted 17:29:00 09/04/2008

MANILA, Philippines — Oil company Pilipinas Shell will roll back oil prices by P1 per liter effective 12:01 a.m. Saturday, its official said on Thursday.

In a text message, Shell vice president for communications Bobby Kanapi said the rollback would be applied to gasoline, diesel, and kerosene.

Independent oil companies have implemented a P1 per liter rollback earlier this week.

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