Local oil industry player Seaoil has offered a discount on fuel prices to motorists this midterm election day.

On Monday, Seaoil is offering a Special Voter’s Day Discount Promo at selected Seaoil stations. The list of participating stations can be found at this link: bit.ly/InkForFuel25.

The oil firm is giving a P4 per liter discount on gasoline prices, and a P2 per liter discount for diesel.

Meanwhile, oil companies will slash fuel prices starting May 13.

Seaoil and Shell said they would decrease gasoline prices by 30 centavos per liter, 90 centavos per liter on diesel prices, and P1.25 per liter on kerosene prices.

Other oil firms are expected to follow suit.This is the second consecutive week that local industry players have reduced their oils prices.

Earlier, the Department of Energy’s (DOE) Oil Industry Management Bureau attributed the lower oil prices this week to the decision of the OPEC+ to ramp up output next month, improving global supply, while the uncertainties due to the United States' tariff policy continue to dampen.

“Year-to-date, gasoline has a total net increase of P3.10 per liter as well as diesel with a total net increase of P3 per liter. Kerosene has a totsl net decrease of P2 per liter, DOE said.

With the oil price adjustment last week, gasoline prices in Metro Manila range from P44 to P73.21 per liter, from P44 to P73.94 per liter for diesel, and from P67.10 to P83.89 per liter for kerosene. 

PNA PHOTO