Manila, May 1 -- For three consecutive months, fuel companies have implemented rollbacks on liquefied petroleum gas (LPG).

In separate advisories, Petron, Regasco, and Solane slashed LPG prices by PHP1 per kilogram (kg).

The rollbacks took effect 12:01 a.m. of May 1.

This adjustment would bring down the cost of a regular 11-kg. household LPG cylinder by PHP11.

According to Petron, the price movement reflects the international contract price of LPG for May.

Data from the Department of Energy showed that common prices of an 11-kg. LPG tank stood at PHP1,085

Published by HT Digital Content Services with permission from Philippines News Agency....