Another price rollback in the prices of diesel and gasoline is expected next week.
Based on industry sources, diesel prices may decrease by P1.70 to P2.00 per liter, and gasoline by P1.50 to P1.80 per liter.
The projected adjustments were only based on the first four trading days and may still change on Saturday.
Oil prices dropped to their lowest levels this week since the Ukraine crisis due to the threat of global recession that could result in lower oil demand. – Report from Naomi Tiburcio-ag
