Fuel price rollback expected next week

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Fuel price rollback expected next week

Alvin Elchico,

ABS-CBN News

 | 

Updated Sep 12, 2024 06:05 PM PHT

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MANILA - Some good news for motorists as fuel prices are likely to go down again next week. 

Based on the first 3 days of trading in the international market, gasoline price is down by P1.26/L, diesel by P1.54/L and kerosene by P1.53/L. 

Last Tuesday, fuel prices went down by more than P1/liter. 

Jetti Petroleum President Leo Bellas said the main reason for the continued slump in prices is the weak demand for oil of big countries like China and the US.

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