Rollback: Diesel lower by P11/liter, gas by P5.90
The Philippine Department of Energy has implemented a significant fuel price rollback, with diesel and kerosene prices dropping by up to P11 per liter. This adjustment follows easing geopolitical tensions and the reopening of the Strait of Hormuz.
Why it matters
Fluctuations in global oil prices directly impact consumer purchasing power and national inflation rates.
MANILA, Philippines - Diesel and kerosene prices may be rolled back by more than P11 per liter today, according to authorities, but motorists may miss out on the full relief as several oil firms have opted for the minimum price cut.
The article reports on government policy and market reactions using official data.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in