Oil prices will adjust their prices on Tuesday, marking a big-time rollback in their prices.

In separate advisories Pilipinas Shell, Petron, Seaoil said that they will decrease their prices of gasoline by P1.60 per liter.

A downward trend can also be projected for kerosene of P.140 per liter, and diesel by P1.85 per liter.

It will be effective at 6 am on December 12, Tuesday.

Caltex will make the same adjustments but at 12:01 am

Cleanfuel on the other hand will make the same adjustments except for kerosene which they do not carry.

The Department of Energy, through Director Rino Abad said that the lower prices may continue until next year barring any geopolitical issues that can affect volatile world fuel prices.