Expect another round of fuel price rollbacks on Tuesday, November 14.
Diesel prices should go down by a hefty P2.80 to P3 per liter, and gasoline by P0.50 to P0.70 per liter, Unioil Petroleum Philippines announced on Saturday.
Oil companies slashed prices by P1.10 per liter for diesel, P1.05 per liter for kerosene and P0.45 per liter for gasoline on Tuesday, November 7.
The price adjustments resulted in a year-to-date net increase per liter of gasoline of P13.75, diesel – P9.35 and P3.99 for kerosene on November 7, the Department of Energy reported.*