OIL COMPANIES are again cutting fuel prices this week with the new per liter rates taking effect 6 a.m. today. Gasoline will decrease by 80 centavos per liter (/L), diesel by P1/L, and kerosene by P1.15/L. Phoenix Petroleum Philippines, Inc. had the price rollback on Saturday. Last week, oil companies cut the price of gasoline by P1.45/L, diesel by 60 centavos/L, and kerosene by P1/L. — Jenina P. Ibañez
