Fuel price rollback set Tuesday

By Arabella Asis 

Prices of diesel, gasoline, and kerosene are expected to decrease this week. 

Gasoline price will lessen by P1.50 to P1.80 per liter. 

For diesel, a deduction of P0.80 to P1.00 per liter will be imposed, while kerosene prices will drop by P0.20 to P0.40 per liter.

According to the Department of Energy Director for Oil Industry Management Bureau Rino Abad, a price reduction will be implemented due to the increase in the global oil inventory. — gb