Good news for motorists!
Fuel prices are set to decrease in the first week of March.
According to the Oil Industry Management Bureau of the Department of Energy (DOE), the expected price rollback is as follows:
- Gasoline – A decrease of ₱0.80 to ₱1.20 per liter
- Diesel – A decrease of ₱0.70 to ₱1.20 per liter
- Kerosene – A decrease of ₱1.30 to ₱1.50 per liter
This comes after a recent increase in fuel prices earlier this week.
The final price adjustment will be announced on Monday and will take effect on Tuesday.
