Good news for motorists!
After a series of oil price hikes, a rollback in fuel prices will take effect tomorrow.
However, the price reduction will be modest.
According to sources in the oil industry, here are the expected adjustments in fuel prices:
- Gasoline: A decrease of ₱0.80 per liter
- Diesel: A reduction of ₱0.20 per liter
- Kerosene: A drop of ₱0.50 per liter
Motorists can expect some relief at the pump, though the price cuts are relatively small compared to previous hikes.