Fuel prices are expected to drop on Tuesday, June 11.
The Department of Energy-Oil Industry Management estimated the price reduction for diesel at P1.20 to P1.50 per liter.
The price drop per liter for gasoline is expected to be at P0.70 to P0.90 per liter and for kerosene – P1.20 to P1.50 per liter.
Unioil on Saturday forecasted the per liter price drop for diesel at P1 to P1.20 per liter, and for gasoline P0.50 to P0.70 per liter.
Oil companies are expected to announce actual price adjustments on Monday*