Gas prices to drop by more than P1 per liter by May 2 | ABS-CBN

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Gas prices to drop by more than P1 per liter by May 2

Gas prices to drop by more than P1 per liter by May 2

ABS-CBN News

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Motorists queue for fuel at a gas station in Pasig City on October 10, 2022. Mark Demayo, ABS-CBN News/File.
Motorists queue for fuel at a gas station in Pasig City on October 10, 2022. Mark Demayo, ABS-CBN News/File.

MANILA - Gas prices are expected to drop by more than P1 per liter by May 2, industry experts said.

Gasoline prices will take the biggest cut at P1.50 to P1.80 per liter.

Meanwhile, diesel prices will drop by P1.20 to P1.50 per liter. Kerosene will take the smallest cut at P1.10 to P1.40 per liter.

LPG prices may stay the same, or drop by P0.50 per kilogram when May starts.

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-- Report from Alvin Elchico, ABS-CBN News

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