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                    [Title] => Oil firms still undecided on price rollback
                    [Summary] => Oil companies have not yet indicated plans  to roll back the pump prices of their products despite the downward trend of crude prices in the international market. 


"Not just yet.  We still have under-recoveries that we have failed to recoup from consumers," Independent Philippine Petroleum Companies Association (IPPCA) and Eastern Petroleum Corp. (EPC) chairman Fernando Martinez told reporters. 


Petron public affairs manager Virginia Ruivivar, on the other hand, said they have yet to come up with a computation by next week. 


                    [DatePublished] => 2004-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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FEREIDUN FESHARAKI

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                    [ArticleID] => 238489
                    [Title] => Oil firms still undecided on price rollback
                    [Summary] => Oil companies have not yet indicated plans  to roll back the pump prices of their products despite the downward trend of crude prices in the international market. 


"Not just yet.  We still have under-recoveries that we have failed to recoup from consumers," Independent Philippine Petroleum Companies Association (IPPCA) and Eastern Petroleum Corp. (EPC) chairman Fernando Martinez told reporters. 


Petron public affairs manager Virginia Ruivivar, on the other hand, said they have yet to come up with a computation by next week. 


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                    [AuthorName] => Donnabelle L. Gatdula
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Oil firms still undecided on price rollback

By Donnabelle L. Gatdula | February 11, 2004 - 12:00am

Oil companies have not yet indicated plans to roll back the pump prices of their products despite the downward trend of crude prices in the international market. "Not just yet. We still have under-recoveries...

Business