According to our market experts, fuel prices in the country are set for another rollback in the upcoming week. While recent market trading indicates that the cuts may not be as significant as initially expected, oil companies are still planning to reduce pump prices by a few centavos.
Estimated Fuel Price Rollback for Next Week:
- Diesel: Php 0.10 – 0.30 per liter decrease
- Gasoline: Php 0.70 – 0.90 per liter decrease
- Kerosene: Php 0.60 – 0.80 per liter decrease
The primary factors contributing to these estimates include the ongoing ceasefire between Israel and Iran, as well as Iran’s continued non-cooperation with international inspections of its nuclear sites.
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