Saturday, March 7

Big-time fuel price rollback expected

There will be a big-time rollback in fuel prices starting Tuesday, November 29, until December 5.

Diesel prices are expected to go down by P3.80 to P4 per liter, and gasoline by P1.10 to P1.20 per liter, Unioil Petroleum Philippines said.

Last week oil firms slashed the selling prices of gasoline by P0.40 per liter, diesel by P2.15 per liter and kerosene by P2.10 per liter.

The price last week brought the year-to-date adjustment to stand at a net increase of P17.75 per liter for gasoline, P33.85 per liter for diesel, and P27.85 per liter for kerosene, Department of Energy data showed.*

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