The rollback cut diesel prices by P3 per liter and kerosene by P3.40 a liter but left gasoline prices unchanged.
“Effective 12:01 a.m. July 5, 2022, Caltex will decrease fuel prices of diesel by P3 per liter and kerosene by P3.40 per liter. No movement for Platinum and Silver,” Caltex said in its advisory, referring to its brand names for gasoline. These resulted in a net increase of P30 per liter for gasoline, P45.90 per liter for diesel, and P39.75 per liter for kerosene since the start of the year.
Senator Aquilino Pimentel III on Monday filed a bill to suspend value added taxes and excise taxes on fuel.
Source: News Formal (newsformal.com)
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