In a virtual press conference, PNIA president Dante Bravo said there was an increase of 13.9 percent in the number of trees planted by the industry group since 2019.
Starting Tuesday morning, Chevron, Cleanfuel, Flying V, Petro Gazz, PTT Philippines, Seaoil, and Shell will cut gasoline prices by PHP0.25 per liter, and will raise diesel prices by PHP0.20 per liter.
Despite global oil prices hitting its four-month high last Thursday due to restricted supply and improving demand, the fear of second wave infection of the coronavirus disease 2019 (Covid-19) in the United States becomes a risk in oil demand.
