
Fuel prices seen to drop by up to P10/liter next week
PNA/Joan Bondoc file photoFuel prices are projected to drop by as much as PHP10 per liter in the coming week following consecutive increases in recent weeks, partly due to optimism over a possible outcome in peace negotiations between the United States and Iran.Citing price developments during the first four trading days this week, Department of Energy (DOE) Director Rino Abad on Friday said gasoline prices may decrease by as much as PHP4 per liter, diesel by as much as PHP8 per liter, and kerosene by as much as PHP10 per liter.The projected rollback would reverse this week’s price increases of around PHP1.90 per liter for diesel, PHP1.95 per liter for gasoline and PHP1.45 per liter for kerosene.Abad said that while fuel prices remain elevated, they have eased to around PHP...









