Up to P1 oil price cut seen next week | ABS-CBN
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Up to P1 oil price cut seen next week
Up to P1 oil price cut seen next week
ABS-CBN News
Published Nov 15, 2024 08:13 AM PHT
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Updated Nov 15, 2024 08:47 AM PHT
An employee fills tanks at a gas station in Quezon City on June 28, 2019. George Calvelo, ABS-CBN News/File
An employee fills tanks at a gas station in Quezon City on June 28, 2019. George Calvelo, ABS-CBN News/FileMANILA — Fuel prices are expected to go down next week, the Department of Energy said Friday.
MANILA — Fuel prices are expected to go down next week, the Department of Energy said Friday.
DOE Oil Industry Management Bureau director Rodela Romero said the following rollback was expected next week.
DOE Oil Industry Management Bureau director Rodela Romero said the following rollback was expected next week.
Gasoline – P0.70 to P1 per liter
Gasoline – P0.70 to P1 per liter
Diesel – P0.65 to P0.95 per liter
Diesel – P0.65 to P0.95 per liter
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Kerosene – P0.70 to P0.80 per liter
Kerosene – P0.70 to P0.80 per liter
Oil prices slid following a forecast on weaker demand and after China's latest plans to stimulate its economy fell short of expectations.
Oil prices slid following a forecast on weaker demand and after China's latest plans to stimulate its economy fell short of expectations.
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