Two independent oil companies announced price cuts on their pump prices on Friday night, four days after the so-called “Big Three” enforced rollbacks on their fuel products.

Flying V Philippines said that it would shed P1.20 a liter off their prices of diesel effective 12:01 a.m. Saturday. The company has at least 160 retail branches in the country.

Eastern Petroleum Philippines also said that it would surely pull down retail prices, also on Saturday. “We still have to make a formal notification,” Eastern Petroleum President Fernando Martinez told the Manila Bulletin.

Asked how much of a rollback the oil firm would implement, Martinez said they would “surely match” that of the competition’s.

While Flying V only announced a price cut on diesel, Martinez bared that Eastern Petroleum’s rollback would also cover the prices of gasoline and kerosene. “It will be across all products,” he said.

Martinez is also the chairman of the Independent Philippine Petroleum Companies Association (IPPCA), which is composed of the country’s independent oil players. However, other small players have yet to announce an adjustment as of posting.

Last July 5, the Big Three oil firms shed P0.50 a liter off their gasoline prices and another P0.75 a liter off diesel and kerosene prices.

The three oil giants make up for at least 70 percent of fuel products in the domestic market.

The latest price adjustments brought down the average retail price of fuel in Metro Manila to as follows: P43 for gasoline (unleaded); P34.50 for diesel and P43 for kerosene.