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Big fuel price drop Tuesday

Expect big fuel price drops on Tuesday, October 10.

Diesel prices should go down by P2.30 to P2.50 per liter, and gasoline by P2.80 to P3.10 per liter, Unioil Petroleum Philippines said Saturday.

Kerosene prices are also expected to drop by P2 to P2.20 per liter.

All rollbacks are expected across the three main fuel products, said Assistant Director Rodela Romero of the Department of Energy-Oil Industry Management Bureau.

The Department of Energy on October 3 reported that oil price adjustments have resulted in a year-to-date increase of gasoline by P15.30 per liter, diesel by P13.80 per liter, and kerosene by P8.94 per liter.*

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