
| Shops in Manila report an increase in bicycle sales, as commuters try to cope with rising prices. (AP photo) |
|
MANILA -- Shell Philippines and Petron Corp. agreed Sunday to rollback diesel prices by P1.50 per liter in an attempt to cushion the impact of high fuel prices.
The rollback will take effect Sunday midnight, Press Secretary Jesus Dureza said after President Gloria Macapagal-Arroyo met with oil industry executives.
Arroyo Watch: Sun.Star blog on President Arroyo
[full story] |